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Can an Inheritance Advance Give My Children a Tax Advantage?
Translated from Swedish and summarized by DistantNews. Read the original for the full story.
At a glance
Explainer
Named sources
Context piece
- A couple with two children and a jointly owned summer house worth 10 million Swedish kronor asks whether they can transfer the property as an inheritance advance while continuing to use it.
- They also want to know whether such a transfer would satisfy the children’s legal inheritance shares.
- Family-law expert Mia Edwall Insulander explains the potential advantages and disadvantages.
A couple with two children and a jointly owned summer house valued at 10 million Swedish kronor wants to know whether they can give the property to their children as an advance on inheritance while still retaining the right to use it.
The couple also asks whether such an arrangement would meet the children’s entitlement to their statutory inheritance shares. Swedish lawyer and family-law expert Mia Edwall Insulander explains the advantages and disadvantages of transferring property in this way.
About this summary
Originally published by Dagens Nyheter in Swedish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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