Patchwork families: making property inheritances easier with a will

What will my partner’s child inherit, and what will go to my daughter from my first marriage? Like many others, patchwork families often fail to make sufficient preparations when it comes to inheritances – despite the fact that this kind of domestic arrangement in particular can quickly result in unfair outcomes. This is why experts recommend drawing up a will.

HELP, I'VE INHERITED REAL ESTATE!

How do I deal with the situation? We will advise you and find a solution together. Get in touch!

 

Legal experts recommend that patchwork families draw up a will. This is because intestacy law can quickly result in a relatively unequal distribution of the inheritance. The following example demonstrates how rapidly things can become unfair when it comes to inheritances in patchwork families. A divorced man and a divorced woman get married. Each of them has two children from their previous marriage. The man enters the marriage with a fortune of 100,000 euros, the woman with 200,000 euros.

Intestacy law can be unfair

If the woman dies first, then – as her spouse – the man inherits 50 per cent of her fortune, i.e. 100,000 euros. The other half is divided between the woman’s children, who thus each receive 50,000 euros. The man’s children receive nothing. Non-adopted children are entitled to neither a mandatory share nor an inherited share. If the man now dies, his entire fortune – which now stands at 200,000 euros – then goes to his two children. They each receive 100,000 euros. The woman’s children receive nothing.

If the man dies first, his two children receive 25,000 euros each, while his wife receives 50,000 euros. If she then dies, her two children each receive 125,000 euros. Intestacy law and the order in which the spouses die can thus lead to unfair outcomes. If the second marriage results in more children, things become even more complicated.

Settle the inheritance with a will

To avoid such unfairness, it is advisable to settle the inheritance with a will. Legal experts suggest the option where the parents initially list themselves as sole inheritors, and that after the death of both spouses, the children are to inherit an equal share. However, one must here also take account of the mandatory share which the children of the deceased parent can claim. In any case, you should seek the advice of a legal expert concerning your specific situation.

Property inheritance within a patchwork family

When it comes to a shared property in particular, you should draw up a will. This is because, if one spouse dies, their children and the remaining spouse form the community of heirs and are registered as the property’s owners in the Land Register. This means that every decision concerning the property – selling, letting, re-mortgaging – requires the consent of the step-children. If the children are still under-age, the deceased’s former spouse from their first marriage then also gets a say as the children’s guardian, and the whole situation is likely to become a matter for family court.

Are you uncertain what should happen with your property in the event of your death? Get in touch with us! We are happy to advise you.

 

Note
In this text, the generic masculine is used for better readability. Feminine and other gender identities are explicitly included to the extent necessary for the statement.

 

Disclaimer: This article does not constitute tax or legal advice in individual cases. Please consult a solicitor and/or accountant to clarify the circumstances of your specific case.

 

Photo: © krissikunterbunt/Depositphotos.com

Bewerten Sie jetzt Ihre Immobilie!

Kostenfrei | Unverbindlich

What impact will rising interest rates have on owners and buyers?

Financial experts are currently predicting that interest rates will continue to increase over the long term. This is partly due to high inflation. The rising interest rates are affecting mortgages and loans and are therefore also having an impact on property prices.

Read more

Wie man eine Immobilie reserviert

Sie haben Ihre Traumimmobilie gefunden und möchten gern eine Kaufzusage machen, aber Ihre Finanzierung steht noch nicht? Diese Situation ist oft ein Problem. Wer sich an einen lokalen Qualitätsmakler wendet, kann sich seine Traumimmobilie auch […]

Read more

Removing load-bearing walls – is it worth the expense and effort for property owners?

Jede Immobilie hat einen individuellen Grundriss. Der ist nicht für jeden optimal. Egal, ob es sich um den Wunsch nach einer offenen Küche oder um die Vergrößerung eines Zimmers handelt, nicht immer ist das Entfernen […]

Read more

OUR TEAM

with passion for service

Mathilde Allemand

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Junior Project Manager

French, German, English +49 30 88 70 24 08 mathilde.allemand@aden-immo.com

Michael Bautz

Office ADEN IMMOBILIEN
Berlin Friedrichshain

Real Estate Agent

German, English +49 30 29 77 87 80 michael.bautz@aden-immo.com

Isabelle Goncalves

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Real Estate Agent

French, German, English +49 30 887 024 07 isabelle.goncalves@aden-immo.com
Lars Drewes

Lars Drewes

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Head of Sales

German, English +49 30 23 633 533 lars.drewes@aden-immo.com

Robina Henicke

Office ADEN IMMOBILIEN
Berlin Friedrichshain

Real Estate Agent

German, English +49 30 29 77 87 80 robina.henicke@aden-immo.com

Florence Holz

Office ADEN IMMOBILIER
Paris Courcelles

Client Management

French, German, English +33 1 56 33 70 70 florence.holz@aden-immo.com

Annabel Huard

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Senior Project Manager

French, German, English +49 30 88 70 24 08 annabel.huard@aden-immo.com

Udo Lewin

Office ADEN INVEST
Berlin Wilmersdorf

Real Estate Agent

German, English +49 30 23 633 533 udo.lewin@aden-immo.com

Olivier Montero

Office ADEN IMMOBILIEN
Berlin Friedrichshain

Real Estate Agent

French, German, English +49 30 29 77 87 80 olivier.montero@aden-immo.com

David Nguyen

Office ADEN IMMOBILIER
Paris Courcelles

Managing Director

French, English +33 1 56 33 70 70 david.nguyen@aden-immo.com

Hélène Salvanes

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Marketing & Business Development

French, English, German +49 30 88 70 24 08 helene.salvanes@aden-immo.com
Porträt Arnaud Schott_quadratisch

Arnaud Schott

Office ADEN INVEST
Berlin Wilmersdorf

Managing Director

French, English, German +49 30 23 633 533 arnaud.schott@aden-invest.com

Cihan Selmo

Office ADEN IMMOBILIEN
Berlin Charlottenburg

Real Estate Agent

German, English, Turkish +49 30 220 66 11 77 cihan.selmo@aden-immo.com

Ulrike Siebert

Office ADEN IMMOBILIEN
Berlin Wilmersdorf

Marketing Manager

German, English +49 30 88 70 24 08 ulrike.siebert@aden-immo.com

Julian Strehblow

Office ADEN IMMOBILIEN
Berlin Charlottenburg

Real Estate Agent

German, English +49 30 220 66 11 77 julian.strehblow@aden-immo.com

Jeannette Zentel-Schertlin

Office ADEN IMMOBILIEN
Berlin Charlottenburg

Real Estate Agent

German, English, Spanish +49 30 220 66 11 77 jeannette.zentel-schertlin@aden-immo.com