Upon the passing of a person, their estate is not lost, rather it is transferred to the persons that have the right to receive it in the form of inheritance. The inheritance will be transferred as a whole which will include both assets and liabilities of the deceased. The right to property is thus recognized as existing after death.
The validity of a will, the appointment of administrators and the administration of the estate, succession, intestacy and the duties and responsibilities of executors/administrators are subject to mandatory legislative provisions.
Limited grants can be obtained for a specified time frame or for a specific purpose, under court directions.
The European Regulation in matters of jurisdiction, recognition and enforcement of decisions and acceptance and enforcement of authentic instruments in matters of succession is very important when considering inheritance issues with a foreign element.