In the complex world of inheritance, there are many legal issues to be clarified, especially when it comes to the compulsory portion. This article explains exactly what the compulsory portion is and what options are available to pay it out without necessarily having to sell property.
What is the compulsory portion?
The compulsory portion ensures that close relatives of the deceased who were not included in the will still receive a share of the inheritance. This entitlement is particularly relevant in Germany, where the compulsory portion is half of the statutory inheritance share. The compulsory portion is a monetary claim based on the calculation of the total value of the estate.
14 years of experience in the area of inheritance disputes
Under the leadership of Thomas Wienroth, Wienroth Immobilien has gained extensive experience in guiding clients through the often emotionally and financially stressful phases of inheritance disputes. By working together with specialised lawyers for inheritance law, we offer sound advice based on years of practical experience and profound legal know-how.
What distinguishes Wienroth Immobilien GmbH & Co. KG from others?
Our company is characterised by in-depth local market knowledge and a personalised customer experience. We understand that every inheritance situation is unique and requires an individual approach that goes beyond standardised solutions. Our clients benefit from:
- Personalised advice:
Direct support from our Managing Director Thomas Wienroth and a dedicated team of experts. - Many years of expertise:
More than a decade of experience in inheritance disputes and property management. - Network of experts:
Access to a broad network of specialised lawyers, notaries and other experts. - Flexible solutions:
From management to sale to auction, we will find the right solution for your specific situation.
Options for payment of the compulsory portion
1. payment from the estate assets
The easiest way to pay out the compulsory portion is to use liquid assets from the estate. Our experience shows that this is the preferred method for reaching an agreement quickly and efficiently.
2. sale of estate assets
If there is not enough cash available, it may be necessary to sell assets, especially real estate. Here, as property experts, we offer support to make the sale process as favourable and smooth as possible.
3. partition auction
A partition auction can be a viable solution in cases where the heirs are not in agreement. Our team will help you find the best way to ensure a fair division of the inheritance.
4. loan or mortgage
For heirs who wish to keep the property, taking out a loan or mortgage can be a sensible option. We will be happy to advise you on the options that will minimise your financial burden and still meet the compulsory portion requirements.
Conclusion
Thomas Wienroth and the Wienroth Immobilien team understand that selling a house to pay off the compulsory portion is not always the ideal solution. Our expertise in real estate brokerage and inheritance law enables us to offer customised solutions that take into account the needs of all parties involved. We pride ourselves on offering our clients not only professional expertise, but also a personalised approach that often serves as a valuable support in difficult times.
For a personalised consultation and to find out more about our services, please contact us directly in Jena. Our experience and commitment in inheritance matters make us a trustworthy partner at your side.