Wills & Inheritances
It is common for us to associate the word will with news about the passing of a loved one. However, it carries much more meaning than that. A will is a legal document regulating property distribution of all types.
Every person can make a will and distribute his property as he sees fit. However, he must comply with the requirements of the law to ensure that his assets will be distributed as he wishes after his death.
It is imperative to clarify: assets are not only immovable assets such as apartments and houses but also pension rights, copyrights, capital, shares, bitcoin, and more. According to the law, any person will bequeath one or more of his property, assets, and rights, according to his will, in equal parts or in proportional parts. The will serves as a guide for carrying out the testator's wishes. As such, it can prevent quarrels after the testator's death and resolve disputes regarding the assets they bequeathed.
Preparing a valid and informed will may also protect the heirs from double taxation, especially when second homes are involved. The will can also take into account existing data and set conditions for the distribution of inheritance according to the testators' wishes, and this is possible only if certain conditions are met. A will can divide property differently; For instance, if one of the children received a gift during the parents' lifetime, they can bequeath more property to the other children. Incidentally, this is an advantage of Israeli law, which allows testators who have a clear will to divide inheritance according to their wishes.
Writing a will is sometimes much more than writing a legal document, and sometimes in the process of writing it, old feelings, conflicts, and more surface and arise. Contacting an independent lawyer can help at this point.
Getting an inheritance and exercising a will: what's the process?
After a person passes away, his heirs must submit to the inheritance registrar an application for a will order or an inheritance order if there is no will. As a declaratory decree, it identifies the heirs and their estate share. The request for such a decree is published in the records (daily newspapers), and after three to four months, as long as no objection is filed, a decree is issued, which allows the heirs access to the deceased's assets.
Our office specializes in drawing up wills in complex cases, with expertise in families with children with special needs, well-known public figures, wills of complex families (second marriages, single-parent families), wills of a couple or an individual without children, and more.
Office services:
- Will drafting, including mutual wills
- Will/inheritance order issuance
- Representation of heirs in inheritance disputes, including opposition to wills
- Defending the will of opposition
- Estate administration