Berlin will, final heir
September 29, 2012 | 25,00 EUR | answered by Dr. Yanqiong Bolik
Hello,
I am the final heir in a Berlin will. The inheritance passed from my grandmother to my mother and my aunt (who has now passed away) to me and her three children. We now share the part that my aunt had received from my grandmother. My question is, how will my inheritance (approx. EUR 120,000) be treated for tax purposes? Do I have the tax exemption as a grandchild (200,000) or as a nephew (20,000)? Is there a way to avoid inheritance tax?
Thank you very much!
Dear inquirer,
Thank you for your inquiry, which I will be happy to answer taking into consideration your input and the rules of this platform.
Please note that my response is based on the information provided, and that adding, omitting, changing the details or the ambiguity of the information can affect the tax result.
To answer your question, the following details need to be specified:
1. Who have mutually appointed each other as heirs in a joint will (Berliner Testament)?
2. If your mother and your aunt have appointed each other as heirs in a joint will, was your aunt the longer living?
3. If your mother and your aunt have appointed each other as heirs in a joint will and your aunt was the longer living, what is the value of your mother's assets in the estate of your aunt?
4. If your grandmother on one side and your aunt and mother on the other side have appointed each other as heirs in a joint will, what is the value of your grandmother's assets in the estate of your aunt?
I will answer your question based on the above information.
Kind regards,
Dr. Yanqiong Bolik
Tax Advisor
