Inheritance can be complicated. Our calculator shows who in your family would get how much, how high the tax would be – and how the right will could reduce it.
You could call it the default setting for the transfer of wealth: when a person dies and not before testament If you have written down who gets which of your possessions, legal succession applies. As is the case with the standard settings, they are particularly useful for the standard case. But which family would consider themselves standard?
“In my opinion, legal succession almost never works,” says Dietrich Ostertun, a lawyer specializing in inheritance law in Hamburg. The daughter should get more than the son, part of the assets should be donated to a good cause, a stepchild should get his share – there are many cases in which legal succession leads to results that are neither emotionally nor financially desirable.
