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Advodan Bornholm
Rønne, Denmark

Founded in 1993
English
Advodan Bornholm, located in Rønne, Denmark, is the island's largest law firm, offering comprehensive legal services to both businesses and private individuals. The firm comprises a dedicated team of attorneys and support staff committed to delivering expert advice and achieving solid results...
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About Estate Planning Law in Rønne, Denmark

Estate planning in Rønne, Denmark, is a legal process that involves arranging and managing your assets to ensure they are distributed according to your wishes after your death. This includes preparing documents like wills, testaments, and powers of attorney. The goal of estate planning is to secure the financial future of your loved ones, minimize potential conflicts, and reduce the impact of inheritance taxes. Local law in Rønne follows the general framework of Danish inheritance law, with particular attention to the rights of spouses and children, as well as regulations regarding property ownership and bequests.

Why You May Need a Lawyer

There are several situations where it is advisable to seek legal assistance with estate planning in Rønne:

  • If you own significant assets, including property or investments, and want to ensure they are distributed efficiently after your passing.
  • If you wish to provide for dependents, such as minor children, ageing relatives, or family members with special needs.
  • If you are part of a blended family or have children from previous relationships and want to ensure fair distribution of your estate.
  • If you plan to leave assets to individuals or organizations outside your immediate family, such as friends or charities.
  • If you want to minimize inheritance tax liabilities for your heirs.
  • If you have complex international assets or beneficiaries.
  • If you or your family have any disputes regarding inheritance rights.
  • If you want to appoint someone to make financial or healthcare decisions for you if you become incapacitated.

Local Laws Overview

Danish inheritance law applies in Rønne and is primarily regulated by the Arveloven (Inheritance Act). Some key points include:

  • Forced heirship applies - a certain portion of your estate must go to your spouse and children, known as the “legitime.” You cannot fully disinherit close family members.
  • If you die intestate (without a will), your closest relatives inherit according to the statutory order of succession.
  • You may write a will to allocate up to three-quarters of your estate as you choose, after the legitime has been provided for.
  • Unmarried partners do not have the same rights as married spouses unless specified in a will.
  • Inheritance tax, called boafgift, is generally imposed on transfers to heirs who are not your spouse, with varying rates depending on the relationship.
  • Testaments and powers of attorney must follow specific formal requirements to be legally valid.
  • Complex assets, international ownership, and blended families may require expert legal guidance to handle correctly.

Frequently Asked Questions

What is included in an estate in Rønne, Denmark?

An estate includes all personal property, real estate, bank accounts, investments, business interests, and other assets owned by an individual at the time of their death.

Who inherits if there is no will?

Without a will, Danish law determines heirs in a set order: spouse and children come first, followed by parents or siblings, and further distant relatives if applicable.

Can I disinherit my children or spouse?

No, spouse and children are entitled to a mandatory share of your estate known as the legitime. The remainder of your estate can be distributed as you set out in your will.

Are partners who are not married entitled to inherit?

Unmarried partners do not generally inherit unless they are specifically included in a valid will.

How high is the inheritance tax in Denmark?

Inheritance between spouses is tax free. Other heirs, such as children and grandchildren, typically pay a base rate of 15 percent. More distant relatives or non-relatives may incur an additional surcharge.

What happens if I own property abroad?

International assets can complicate estate planning. Danish law may apply, but foreign property may also be subject to the laws of the country where it is located. Legal advice is recommended for cross-border estates.

Can I amend or revoke my will?

Yes, you are free to update or cancel your will at any time, provided you follow the legal procedures required for Danish wills.

What is a living will or power of attorney?

A living will outlines your wishes for medical treatment if you become unable to communicate. A power of attorney appoints someone you trust to make financial or healthcare decisions on your behalf.

Is it necessary to use a lawyer to draft a will?

While it is not legally required, professional legal guidance ensures that your will complies with all formal requirements and reduces the risk of disputes or misunderstandings.

What if I want to make specific gifts to friends or charities?

You can specify gifts or bequests to friends or charities in your will, subject to respecting the rights of heirs who are entitled to the legitime.

Additional Resources

For those seeking further information or assistance with estate planning in Rønne, Denmark, consider these resources:

  • Statsforvaltningen (State Administration) - provides guidance on inheritance and probate matters.
  • Domstolene (Danish Courts) - handles probate cases and offers information on the probate process.
  • Skattestyrelsen (Danish Tax Agency) - can provide details on inheritance taxes and reporting requirements.
  • Local private practice law firms specializing in family and estate law.
  • Legal aid organizations (retshjælp) available in Rønne for initial consultations.

Next Steps

If you are considering estate planning or have questions about inheritance in Rønne, the following steps are recommended:

  • Take an inventory of your assets and consider your personal wishes for their distribution.
  • Gather relevant documents such as property deeds, bank statements, and details of existing wills or trusts.
  • Schedule a consultation with a lawyer specializing in estate planning to discuss your individual situation.
  • Ensure any legal documents you create meet the formal requirements set out by Danish law.
  • Communicate your plans to your family to help prevent future conflicts or misunderstandings.
  • Keep your estate plan up to date as your circumstances change.

Professional legal advice is the best way to ensure your wishes are respected and your estate is managed efficiently and fairly for your loved ones.

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Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.