After a death, a tax known as succession duty is paid when the assets are transferred from a deceased person to his or her heirs.
The amount paid as succession duty depends on the value of the estate and the degree of the relationship between the deceased and the heirs.
These rates are set by the regions. They vary according to the place in which the deceased had his fiscal residence.
As the heir of a deceased person, you have three options:
Where the liabilities exceed the assets of the estate, however, an heir who has accepted the succession subject to an inventory is not exempt from the payment of succession duties.
How much are succession duty?