Heirs can now have two years to accept an inheritance before it returns to the state. News Journal (JN). Shares may also have a period of five years to complete.
These proposals are being considered by the Working Party on Agriculture (GTPR), which wants to deal with the problems associated with the delay in the implementation of sections. In June, the group submits a paper with proposed proposals to the government.
On the table is the possibility that the inheritance will return to the state if it is not claimed within two years. The current law gives the heirs ten years to express their position.
In estates where acceptance but not division has been made, a “mandatory” division is proposed after five years, reveals DN.
Another of the discussed possibilities is the possibility of refusal of heirs from the inheritance. If this happens, they will be able to choose whether they want to transfer the inheritance to some institution instead of returning to the state.
Author: morning Post
Source: CM Jornal
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