文档介绍：Italian Inheritance 2 What is ession and how is it ruled in Italy? 3 Required documents 4 Legitimate ession 5 ession law and marital status 7 The testamentary ession 8 Why is it worth drafting an Italian Will? 10 Accepting or renouncing ession 11 Statement of ession 12 Italian inheritance tax 13 First steps to be undertaken: How to Handle Utilities 15 Final considerations 17 Recent updates in European ession Law 18 Glossary of most useful mon terms used in Inheritance Law 19 Italian Inheritance ession is the procedure through which all legal aspects pertaining to the deceased are transferred to the heirs; both assets and liabilities of the deceased are involved in ession. Many issues need to be considered: What obligations are involved in testamentary suc- cession? What does legal ession mean? It is therefore important to be aware that accepting an inheritance implies ?scal obliga- tions. Moreover, Italian inheritance law speci?cally provides for rights belonging to so called, “forced heirs”, whose quota is always guaranteed and, in case of default, a claim can be ?led in the courts. By making a Will you can decide what happens to your property and possessions after your death. Making a Will is the best way to make sure your estate is passed on to family and friends exactly as you wish. If someone dies without making a Will, they are said to have died ‘intestate’. Dealing with their estate and assets can plicated and time consuming – taking months or even years. If you die without a Will, your assets may be distributed according to the Italian law rather than your wishes. Italy Magazine in partnership with De Tullio Law Firm has created this ebook to provide you with prehensive overview of the Italian ession procedure, and to answer some of the most frequently asked questions about Italian inheritance law. Should you require further information, or if you have questions, please feel free to con- tact our partners at: . 2 What is ession and how is it ruled in I