Gros Van de Mensen Heeft Geen Nood Aan Successieplanning (How Most People Shouldn't Need Any Estate Planning)
De Tijd, November 2008
1 Pages Posted: 3 Apr 2011
Date Written: November 25, 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.
Keywords: Estate Planning, Marital Property Law, Succession Law, Inheritance Tax
JEL Classification: K11, K12
Suggested Citation: Suggested Citation