Joint bank accounts: What happens when one of the account holders dies?
According to Italian law, a bank account can be either personal or joint (shared by two or several individuals). A joint bank account presumes joint ownership of the money held in the account. What happens if one of the joint account holders dies? The withdrawal of money from the joint bank account, after one of […]
Real estate and property: Breach of preliminary sale contract
It is possible that either party may default on the preliminary sale contract and decide not to move forward with the agreement. A deposit is an amount of money that a part gives to the other at the end of the preliminary contract as a guarantee. Breach of preliminary sale contract: with or without deposit […]
Gina Lollobrigida: the Italian actress’s will and inheritance
On January 16, 2023, the iconic Italian actress Gina Lollobrigida died at 95 years of age. A few days later the notary Dott.ssa Barbara Franceschini opened Lollobrigida’s will, to the amount of nearly 10 million euros. The will was to be divided between the late actress’s heirs and legatees: her son, Andrea Milko Skofic, and […]