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🇮🇸 Iceland /Economy & Trade

Eignamiðlun Acquires Legal Services Firm BÚUM VEL

From Morgunblaðið · () Icelandic

Translated from Icelandic, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Eignamiðlun hf. has acquired BÚUM VEL ehf., a company specializing in legal services for real estate, inheritance, and financial advice, particularly for individuals over sixty.
  • BÚUM VEL has served many of Eignamiðlun's clients since 2020, offering services like real estate transactions, wills, prenuptial agreements, and estate settlements.
  • The acquisition aims to enhance Eignamiðlun's client services, providing comprehensive support, especially for older clients navigating the property market with experienced legal counsel.

Eignamiðlun hf., a prominent real estate firm, has announced its acquisition of BÚUM VEL ehf. BÚUM VEL specializes in legal services, focusing on real estate, inheritance, and financial advice tailored for individuals aged sixty and above.

Since 2020, BÚUM VEL has been a trusted partner for numerous Eignamiðlun clients. The company offers a range of legal services, including assistance with property transactions, drafting wills and prenuptial agreements, and managing estate settlements, particularly for advance inheritances and private estate divisions.

Kjartan Hallgeirsson and Guðlaugur Ingi Guðlaugsson, owners of Eignamiðlun, stated that the acquisition is intended to expand their service offerings. They noted that many clients seek more comprehensive support during property sales and purchases. The goal is to provide top-tier service and aid older individuals in the real estate market with the expertise of a seasoned lawyer.

Elín Sigrún Jónsdóttir, a lawyer and founder of BÚUM VEL, will continue to lead the services for clients over 60. She brings extensive experience in real estate, business management, personal finance, inheritance law, and funeral services. Eignamiðlun plans to increase its staff in the autumn to support these expanded services.

With the acquisition, we want to increase services for Eignamiðlun's clients. We know that many clients request and want more services in real estate sales and purchases, so our goal is to provide all with first-class service and support older people in the real estate market with the service of an experienced lawyer.

— Kjartan Hallgeirsson and Guðlaugur Ingi GuðlaugssonThe owners of Eignamiðlun explained the strategic reasons behind acquiring BÚUM VEL and its specialized services.
DistantNews Editorial

Originally published by Morgunblaðið in Icelandic. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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