Inheritance compulsory share taxes?

Hello,

I ask for help with the following scenario:

Both of my parents died shortly after each other. They left a house (worth approximately €220,000) to my older brother and me. The will stipulated that I would inherit the statutory share, and my brother the remainder.

Now my question: Is it correct that the statutory share in this case is 25%, since there are no other siblings besides my brother and me? Would the payout of the 25% then be tax-free for me?

Thank you very much for your help.

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wikinger66
1 year ago

the 220000 go first through 2, each inherits half. Your share of 110000 of which 25% is 27,500.

He is a direct descendant of tax-ferior

sassenach4u
1 year ago
Reply to  wikinger66

Uh, expect? 50% of the estate that would stand him regularly!

hilflos99
1 year ago
Reply to  wikinger66

No, no, no, no.

25% of the entire heritage

Helefant
1 year ago
Reply to  hilflos99

25% of 220,000 would be 55,000. Right?

DocFinance
1 year ago

Before you have an inheritance of €400,000. So tax free.
As a rule, according to legal claim 50/50. Because you're just supposed to get the duty share, I'm just going out of the 25%. At 220k, that would be €55,000 for you.

sassenach4u
1 year ago

Yeah, you'll earn 55,000 euros, your brother's gonna have to pay you. And they're tax-free.

Smartass67
1 year ago

You see both right.

Smartass67
1 year ago
Reply to  Dagobert23532

DocFinance answers in detail and correctly. 55k is right.