Hi, am new to this forum. Hope this

Curlylady Image
09/28/2016 - 14:19

Hi, am new to this forum. Hope this question is permitted.  Has anyone experienced the sucession process after inheriting an italian property, following the loss of an Italian Parent?  

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It can be complicated especially if you, as the heir, are not Italian or live abroad.  It depends if there was a will or not.  If not then the property is dealt with under Italian law and divided up accordingly.  The will, if there is one, must be published in Italy, and then the succession done.  It takes time and money. 

Thankyou for your response. Yes, I am realising it is a complex & expensive deal. Sadly no will, my siblings & i are dual nationality, have all the necessary requirements & the succession process has been launched.  I was interested in hearing others experience.  My family in Italy have not been forthcomingwith information so i have instructed an English-speaking lawyer to assist.  It will be a journey!

While we are on the subject of wills, I have a guestion.My husband and I are dual citizens - USA/Italy, who will be moving to Italy next fall.  We will be leaving the bulk of our assets - bank accounts, IRA's, investment accounts, in the US.  We will buy a property in Italy once we find the right one.  I was told by an Italian notaio in the US that it was best to keep things separate and to have our US assets in our US will.  The notaio said that we do not need a will for our future house in Italy as it will automatically go to the surviving spouse as well as our children.  Is this good advice?