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Help! I'm part of a community of heirs!
If several people become heirs, they initially jointly own the entire estate. All heirs form what is known as a community of heirs. The handling and settlement of communities of heirs often raises questions. Notaries provide support and advice in advance on how to prevent communities of heirs from becoming dysfunctional. Inheriting without taking action When a person dies, it is difficult for relatives to think about...
How to prevent your ex-partner from inheriting
Schleswig-Holstein Chamber of Notaries. A will can and should not only specify who inherits what. Many single parents who have minor children, for example, want to prevent the other parent from later gaining access to the inheritance. This is precisely the danger that exists. Custody also includes the management of assets. If a single parent dies and the other parent is granted custody,...
Deleting a land charge: What to do after repaying the loan
Westphalian Chamber of Notaries. Once a real estate loan has been repaid in full, the bank issues a deletion authorization. This step marks the successful repayment of the loan, but does not mean the complete end of the business relationship between the credit institution and the property owner. One important aspect is often overlooked: the land charge entered in the land register continues to exist. Assign the land charge? Owners often deliberately fail to submit the necessary cancellation application...
Association law – With good preparation, the association register will work out
Associations are an integral part of social life in Germany. More than 28 million members are organized in sports clubs alone. 1 Many associations pursue charitable purposes and thus serve society. The voluntary commitment of their members is an important pillar of our democracy. Notaries support associations with all types of registrations in the register of associations. On...
Are heirs obliged to pay maintenance?
Westphalian Chamber of Notaries. Many people want to ensure that their relatives are financially secure—even after their own death. Anyone who pays maintenance to a relative during their lifetime makes a significant contribution to that person's livelihood. But what happens when the person responsible for paying maintenance dies? Does the payment obligation automatically pass to the heirs, or does it end with death? Can...
Advantages of powers of attorney drawn up by a notary
Schleswig-Holstein Chamber of Notaries. Consumers often assume that a power of attorney must be certified or notarized by a notary in order to be valid. However, although powers of attorney are effective for many purposes without any specific form, a notarized power of attorney has numerous advantages. If it is a power of attorney for healthcare, which provides for sudden incapacity and a legal...