openPR Logo
Press release

GRP Rainer Rechtsanwälte: Experience drafting Berliner Testaments

09-21-2017 10:05 AM CET | Politics, Law & Society

Press release from: GRP Rainer LLP

GRP Rainer Rechtsanwälte: Experience drafting Berliner

Spouses ought to be afforded financial security in the event of their partner’s death. Many married couples want this to happen and therefore prepare a joint will, also referred to as a “Berliner Testament” (Berlin will).

In the absence of a will or contract of inheritance, the rules of intestate succession apply. We at the law firm GRP Rainer Rechtsanwälte note that this generally means that the spouse inherits half of the estate and the children inherit the rest. However, this is not in line with the wishes of a lot of married couples who may first and foremost wish to initially provide their partner with proper financial security. In these instances, a will should be drawn up. A so-called “Berliner Testament” is particularly well suited to many cases involving married couples. In the case of this joint will, married couples typically mutually appoint each other as sole heirs and the children as final heirs. In practice, this means that only the surviving partner will inherit following the death of his or her spouse, and the children do not become heirs until after the second parent has passed away.

We at GRP Rainer Rechtsanwälte have a great deal of experience in the field of succession law and are familiar with the advantages as well as the disadvantages associated with a Berliner Testament. A joint will provides spouses with proper security. This may prove to be especially important if the married couple owned a property. The use of property often gives rise to disputes, particularly in cases involving communities of heirs. That being said, a Berliner Testament has a strong binding effect, it being difficult to unilaterally amend the joint provisions.

In the event that only one spouse wishes to amend the will, he or she must send his or her partner a notarized withdrawal notice. If one of the spouses had passed away, it is no longer possible to amend the will. The advantage of this is that the final heirs, normally the children, remain the heirs. The disadvantage is that it is no longer possible to react to changing circumstances, e.g. if a row emerges within the family or the widowed partner remarries. It is possible to relax this strong binding effect by including appropriate clauses.

Those wishing to prepare a Berliner Testament should inform themselves about the legal consequences. Lawyers who are experienced in the field of succession law can offer advice.

GRP Rainer LLP is an international firm of lawyers and tax advisors who are specialists in commercial law. The firm counsels commercial and industrial companies and corporations, as well as associations, small- and mid-sized businesses, self-employed freelancers and private individuals worldwide from offices Cologne, Berlin, Bonn, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London UK.

Contact Michael Rainer
Lawyer, Managing Partner

GRP Rainer LLP
Augustinerstraße 10
50667 Cologne

Phone: +49 221-27 22 75-0

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GRP Rainer Rechtsanwälte: Experience drafting Berliner Testaments here

News-ID: 731120 • Views:

More Releases for Berlin

Architectural Guide Berlin
With additional contributions by Philipp Meuser and Martin Pueschel In no other place in Europe have changing ideologies and differing urban planning models left such a far-reaching mark as in Berlin. The German capital enables the reader to make a literal journey through history. In the shape of four excursions, the Architectural Guide Berlin presents prominent architectural highlights from Kurfürstendamm in the West to the prefab housing estates of the East. The
Premises Berlin
Third inCOMMERCE conference on November 27 at the Bertelsmann Commerce Without Boundaries • Renowned speakers provide insights into their companies’ digitization projects and explore current developments on the international markets • Presentations and case studies from Vorwerk, E-Plus and Tesco (arvato Systems, hybris) Gütersloh and Munich – International e-commerce and best practices in the e-commerce sector are the focal themes of this year’s inCOMMERCE conference on November 27, 2014 in Berlin. For the
Berlin Wall Artist Kiddy Citny at BLAUE STUNDE Galerie in Berlin
Berlin, Oktober 2014. November 9, 2014 marks the 25th anniversary of the Fall of the Berlin Wall. Numerous events and exhibitions commemorate the historic events and the Peaceful Revolution of 1989. BLAUE STUNDE Galerie is pleased to present older and more recent works by Berlin wall artist Kiddy Citny. His wall motives travelled around the world on postcards and tourist photos and rose to such strong symbols of freedom and peace, that
citystay hostel Berlin gets ready for the 40th Berlin Marathon
As every year, the Marathon is fully booked and we at citystay hostel, just next to start and finalline are getting ready for the runners, staying with us. If you are not running the marathon, but like to get the feeling for the international crowd doing the run, just visit us for a beer, coffee or stay during the marathon with us. Some beds are still available. We are happy
Berlin Medical Technology Companies: State Secretary Nicolas Zimmer visits Berli …
Berlin, 11. October 2012: The State Secretary of the Senate Department for Economics, Technology and Research, Nicolas Zimmer, visited Berlin Heart GmbH in Steglitz last month in order to get acquainted on location with the product line-up, range of application and operating mode of mid-sized Berlin companies. In conversation with the management of Berlin Heart, the present possibilities for therapy of cardiac insufficiency with the ventricular assist device were presented. In
Berlin Fashion Calendar - The new overview of the Berlin fashion scene
Just in time for Fashion Week Berlin is the Berlin Fashion Calendar ( online. In Berlin Fashion Calendar everybody who is interested in Berlin’s fashion scene can find year round Berlin’s major fashion events like the Mercedes-Benz Fashion Week Berlin, the Premium fair or Bread & Butter as well as the events that make up the diversity of the fashion metropolis of Berlin. These are for example fairs and showrooms