As an entrepreneur you are always busy, between business arrangements, acquisitions, finance and administration.
In addition to your company you may also have a family. You have a lot on your plate – but estate planning is an important consideration.
This is also the case if something should unexpectedly happen to you. There are actually four real emergency scenarios for an entrepreneur:
Chances are, you have never really thought about drawing up important matters for the continuity of your company if something should happen to you. The consequences for your nearest and dearest also often remained unplanned.
It is possible that you could be admitted to hospital unexpectedly. In that case someone must be able to represent you. This person will need urgent access to your company data and probably also to your business bank account. This sort of access and authorisation must be drawn up in writing.
Suppose you are permanently absent because of a serious illness. Are you well insured against not being able to work. Do you have a good arrangement with your company? Who will manage your invested capital and/or real estate?
You may also wonder whether you have drawn up the right marriage conditions and wills and if these need to be updated.
GMW lawyers can provide the solution to the aforementioned situations. Our estate planning lawyers can check whether all the existing arrangements are in accordance with your wishes, amend them if necessary, and advise you on additional key considerations.
If you have any questions, please contact us directly using the enquiry form below or +31 (0)70 3615048.
GMW lawyers will be happy to help you with all your inheritance issues. Feel free to contact us if you have any legal questions.
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6 January 2025
The validity of a draft will
One can inherit in two ways: through the legal system (known as intestacy law) or through a will. The legal system can only be set aside by a will. A will must be drawn up by a civil-law notary, who will also formally ‘execute’ it.
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30 September 2024
Executor of a will. What exactly does that involve?
The executor is responsible for settling the estate. However, this does not mean that every executor has the same responsibilities.
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25 September 2024
Four questions to consider on financial inheritance law issues
You are retired. It’s time for a financial check-up. Today, we answer four questions on financial inheritance issues that you should take care of now to enjoy a carefree ‘old age’.
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18 September 2024
What is a certificate of inheritance and when should it be drawn up?
In most cases, a certificate of inheritance can be compared to a proof of identity. It is a deed drawn up by a civil-law notary that states who the heirs and/or executor are.
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16 September 2024
Why prepare a digital estate?
At a time when an increasing number of things are taking place digitally, it is important to think about your digital estate. This is a document in which you list what you want to happen to your digital presence after your death. If you do nothing, your digital presence will remain online.
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11 September 2024
What to do if money has disappeared from the estate?
After someone's passing, the estate is settled, and the heirs gain insight into the extent and composition of the inheritance. What can you do if money has disappeared from the estate?
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2 September 2024
Concealing a part of the inheritance
There is a mutual obligation for heirs to inform each other about the extent of the inheritance.
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22 April 2024
Right to reimbursement of gifts and inheritance under an exclusion clause
If you receive an inheritance or gift during your marriage, it is quite possible that the testator or donor has included an ‘exclusion clause’ in their will and/or linked it to the gift.
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5 February 2024
What information does a forced heir receive?
A forced heir needs information to calculate their statutory share. They are entitled to inspect and take copies of all documents they need to calculate their statutory share. What is the extent of this right?
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