What constitutes the 'estate' of the deceased?
Submitted by Sass on Fri, 02/19/2010 - 03:45In reply to A newbie all over again! by Annec
Firstly Charlotte, thanks for your patience and invaluable advice on this forum. What a godsend for us newbies! My question is based on this set of circumstances: Wife - Australian citizen and resident, soon to be joint owner (as in Aus/UK law joint tenancy) of Italian real property as primary residence who has no children. Husband - British citizen but Australian permanent resident also soon to be joint owner of Italian real property as primary residence and who has children from a previous marriage. We're moving lock and stock and I understand that as a non-european I will be extended the same rights to live and work as my husband. Having read your posts on wills and nominating the national laws to apply and so on I feel informed but confused over what constitutes the 'estate' of the deceased. Are immoveable property (the house) and bank accounts held jointly part of it? Do they revert to the sole ownership of the other joint owner on one's death?
Do you mean you are going to
Submitted by Charlotte Oliver on Sun, 02/21/2010 - 16:36In reply to What constitutes the 'estate' of the deceased? by Sass
Do you mean you are going to buy property in "comunione dei beni"? If you buy jointly with your spouse in this way, on death the comunione is dissolved, and your half share passes along with the rest of your estate to your heirs. The law applicable to your estate is the law of your nationality: This means that Australian or English law on succession will decide who can be your heirs. In both cases there is the "freedom of disposition" principle that, if you make a will, you can decide who to leave your property to. You are not subject to the strict laws of "forced heirship" in Italy. The husband could make a will, for example leaving the share of the property to his wife, and could decide to leave other property to the children. However if he did not make a will the estate would pass to the spouse and any children under the law of intestacy. Charlotte Oliver
about a new post...
Submitted by Sass on Fri, 02/19/2010 - 05:35In reply to A newbie all over again! by Annec
Press enter
Submitted by sprostoni on Fri, 02/19/2010 - 05:49In reply to about a new post... by Sass
Hi Sass............. Yes seen this problem myself whereby in the text body the cursor doesn't "appear". It actually does, but is VERY difficult to see it. If you press enter, you in effect go down one line and then you can start typing no probs.I'm sure the 'experts' will be on the case, Cheers, S
re: Press Enter
Submitted by Sass on Fri, 02/19/2010 - 10:43In reply to A newbie all over again! by Annec