Inheritance (Erbschaft)

Upon an individual’s death, all rights and obligations of the decedent - the inheritance (Erbschaft) - pass the "heir". See § 1922  German Civil Code (BGB). The inheritance does not include any asset that passes to a person outside the estate, e.g. by donatio mortis causa or by payable on death account (Vertrag zu Gunsten Dritter)


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Glossary

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