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.
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
Uh, expect? 50% of the estate that would stand him regularly!
No, no, no, no.
25% of the entire heritage
25% of 220,000 would be 55,000. Right?
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.
Yeah, you'll earn 55,000 euros, your brother's gonna have to pay you. And they're tax-free.
Okay, thanks for the help. I wasn't sure it was 55000 or 27000.
You see both right.
I now understood that the 55000 are correct
DocFinance answers in detail and correctly. 55k is right.