Posts tagged #Inheritance Law
All PostsOGH: Valuation of Gifts in Austrian Inheritance Law
Civil LawThe Austrian Supreme Court (Oberster Gerichtshof, OGH) has clarified: In the valuation of a gift pursuant to Section 788 of the Austrian Civil Code (Allgemeines Bürgerliches Gesetzbuch, ABGB), any investments in the gifted asset previously made by th...
OGH: Gift Offset to Be Clarified in Contentious Proceedings
Civil LawThe Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has clarified: Even under the new Austrian inheritance law, offsetting of gifts must be clarified in litigation proceedings and not in probate court. In the original case, the decease...
OGH: Inheritance Law: When Does a Domestic Partnership Legally End?
Civil LawAny testamentary consideration of a partner is cancelled upon dissolution of a domestic partnership according to Section 725 (1) of the Austrian Civil Code (Allgemeines Bürgerliches Gesetzbuch, ABGB). Now, the Austrian Supreme Court (Oberster Gericht...
OGH on asset sacrifice and usufructuary rights (ErbRÄG 2015)
The Austrian Supreme Court (Oberster Gerichtshof, OGH) dealt with the question whether a right of usufruct reserved in the course of a gift prevents the provision of a property sacrifice even under the new legal situation following the Inheritance La...