Gros Van de Mensen Heeft Geen Nood Aan Successieplanning (How Most People Shouldn't Need Any Estate Planning)
Alain Laurent P. G. Verbeke
University of Leuven, Faculty of Law, Department of Private Law; Harvard Law School; University of Leuven, Faculty of Psychology; Tilburg Law School Department of Private Law and TISCO; Catholic University of Portugal (UCP) - Católica Global School of Law; Greenille (Attorneys, Notaries and Tax Advisors; Brussels, Antwerp, Amsterdam, Rotterdam)
November 25, 2008
De Tijd, November 2008
In this Op Ed I argue that the trend of pushing common people into estate planning, forcing them to donate assets inter vivos at low rates as 3% in order to avoid the higher inheritance taxes of 27 % makes no sense.
Better would be to abolish inheritance taxes between spouses and children up to a cap of eg 1 million Euro. If some simple adaptations would be made to marital property law and succession law, this would leave 99% of the Belgians without any need of estate planning at all, bringing them an enormous peace of mind to enjoy their money and house for the rest of their lives.
Note: Downloadable document is in Dutch.
Number of Pages in PDF File: 1
Keywords: Estate Planning, Marital Property Law, Succession Law, Inheritance Tax
JEL Classification: K11, K12Accepted Paper Series
Date posted: April 3, 2011
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