Erbvertrag

In addition to drawing up a will, there are also cases when it is better to conclude a contract of inheritance. You can also determine the transfer of your assets in the inheritance contract. The difference to a will is that you enter into a binding relationship with the contractual partner in the inheritance contract. Normally, you can only withdraw from this if you conclude a termination agreement with the contractual partner of the inheritance contract.

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

Often the contract also pursues the purpose of obliging the contractual partner to provide for the testator until the end of his life. The contracting parties need not be married, related or in-laws. The parties may consist of several persons on both sides. Frequent aspects of concluding an inheritance contract are also of an entrepreneurial nature.

The formal requirements for contracts of succession are strict. Thus, a contract of inheritance can only be concluded before a notary. Therefore, seek advice from a notary if you are considering this route.