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Inheritance contract

In addition to the establishment of a will, there are also cases where it is better to conclude an inheritance contract. You can also determine the transfer of your assets in the inheritance contract. The difference with the will is that you enter into a bond with the contracting party in the inheritance contract. Normally, you can only resolve this if you enter into a termination contract with the contractual partner of the inheritance contract.

Inheritance contracts are often concluded in non-marital partnerships. Since, unlike in marriage or registered civil partnerships, these persons have no legal right to inherit, the survivors can thus be given a secure legal status.

Often the contract also has the purpose of obliging the contracting party to provide the deceased until the end of his life by means of inheritance. The contracting parties do not need to be married, related or married. The parties may consist of several persons on both sides. Also common aspects of concluding an inheritance contract are of an entrepreneurial nature.

Source: Serviceportal Niedersachsen (Portalverbund des Bundes und der Länder)

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