Legacy (Vermächtnis)
A legacy (Vermächtnis) is a gift of property by Will or testament to a person without the intention to name such person an heir (Erbe) See § 1939 BGB. The legatee (Vermächtnisnehmer) must claim fulfillment of the legacy from the heir or, if there is an executor with the power to fulfill a legacy, from the executor.
Related publications
- Administration of a nonresident Decedent’s German Assets
- Administration of a U.S. Domiciled Decedent’s German Assets by a U.S. Personal Representative
- Disclaiming an Inheritance in order to avoid German Inheritance Tax
- Disclaiming an inheritance under German law
- Forced Heirship under German Law
- German Certificate of Inheritance
- German Inheritance Law: The Compulsory Share
- German Inheritance Tax
- German inheritance tax return: preparation, filing, and tax assessment
- Liability for Estate Debts in Germany