Category: Real estate

Learn about: Real estate

Adverse possession of jointly-owned properties by family members

All these questions were addressed in a recent ruling by the Supreme Court of Italy (Court of Cassation). The court reaffirmed that use of a property over a…

Real PropertyReal estate

How suppressing a will can lead to being excluded from succession

The court outlines two conditions for this sanction to be applied: b) the voluntary destruction of a will. In cases where an heir is accused of destroying a will,…

InheritanceJudicial

Joint bank account succession: How it works and how much you pay

The first steps to take in a succession for joint bank accounts are the same as in any other succession, i.e. declaration of succession to the Italian tax authority….

Inheritance

What happens if a Declaration of Succession misses its deadline?

By law, succession must be declared within 12 months of its opening (generally considered the date of the testator’s death), with penalties levied for both delays and omission. Despite…

Inheritance

Mandatory Declaration of Succession

What is a declaration of succession? In cases where there are multiple heirs to the estate, only one submission declaring succession is required. If real estate is involved, recording…

Inheritance

No tax obligations on those renouncing inheritance

Italian Supreme Court Rules No Inheritance Tax on those Renouncing Inheritance The Court of Cassation (Italian Supreme Court) affirmed, with the recent ordinance no. 21006 of 22 July 2021,…

Inheritance

The work and life of American citizens in Italy

Work and life of American citizens in Italy American citizens looking to relocate to Italy for work, temporarily or permanently, must first obtain a work permit from their prospective…

Dual Citizenship

Publication of a Will

Public (dictated to a notary and signed in front of two witnesses), Handwritten (written by hand by the testator and kept by friends or relatives). The publication of the…

Inheritance

Italian banks require the payment of inheritance tax

This was the recent decision rendered by The Supreme Court of Italy, leading to the ordinance of April 13, 2021. In the case in question, in the matter of…

Inheritance