Timeline for Belgian inheritance laws valuation date
Current License: CC BY-SA 4.0
5 events
| when toggle format | what | by | license | comment | |
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| Jun 2, 2023 at 20:21 | comment | added | ohwilleke | German law is indeed likely to be fairly similar to Belgium's. How are the profits or losses handled if the sale price is different and the assets are not distributed in kind? Does it matter if universal succession is elected or not? | |
| Jun 1, 2023 at 16:56 | comment | added | quarague | @Trish Yes, if you split the house in the inheritance. If there is more in the inheritance you could also distribute differentely, say the wife gets the house, the kids each get some stocks and cash. Everyone gets there respective share in value according to the value of the inheritance. If the wife sells the house, the sale price will be irrelevant. The question is whether you sell first and then split or split first and then sell. | |
| Jun 1, 2023 at 14:37 | comment | added | Trish | For real estate sold later, it is typical that the land is owned by all heirs in parts and that the realized value of the sale then is distributed according to the parts they own. E.g. a wife and two children inherit, and due to how it is set up in the will the wife owns 50% and the children 25% each, then a sale of the land distributes the resulting money accordingly. | |
| Jun 1, 2023 at 14:35 | history | edited | Trish | CC BY-SA 4.0 |
added 10 characters in body
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| Jun 1, 2023 at 13:48 | history | answered | quarague | CC BY-SA 4.0 |