Gros Van de Mensen Heeft Geen Nood Aan Successieplanning (How Most People Shouldn't Need Any Estate Planning)
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; University of Brussels (VUB/ULB) ; 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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