Translation of "Nachlassverfahren" in English

See also Trust and Probate litigation.

Transfers notified to the administrator will be included in the debt-restructuring procedure.

Parties concerned in the probate proceeding are summoned.

In Hungary all probate proceedings fall within the competence of notaries.

The debt-restructuring procedure can only deal with money claims.

Genuine firms collect their agreed percentage fee once probate has legally been settled.

It is important to obtain good advice on a dispute relating to a trust or an estate.

In other words, the composition agreement in debt restructuring proceedings was the debtor's only chance for reorganisation.

Placement in the hands of an executor or probate must be documented by means of a probate certificate.

Furthermore, couples could choose the law to facilitate proceedings linked with divorce or successions.

It is the task of the notary to provide independent and impartial assistance to the parties concerned in the probate proceeding, and to inform them on their rights and obligations.

In inheritance proceedings are determined the heirs, the heritage, and the rights that belong to certain heir or other persons.

The notary may only return the deposited will to the testator him/herself, and if he/she is deceased, shall send it to the notary in charge of conducting the probate proceeding.

The objective of reorganisation law (referred to as "debt restructuring proceedings" in the law) is to protect debtors experiencing financial difficulties from foreclosure, enable them to restructure their business operations, and facilitate the advancement of their business.

We retrieve forgotten real property (following complicated inheritance proceedings of many generations), and also ascertain acquisitive prescription for other clients.

If you would like advice or further information on any matter related to a trust or an estate dispute please contact: -

De Tullio Law Firm can assist you throughout the probate process, guiding you through the administration of the estate of a deceased person and the distribution of property according to the Will or to the Italian law.

Hence, the debtor can now simply use the debt restructuring proceedings as a moratorium to provide the time needed to implement its reorganisation plans.

Disputable might for example be indicated the right to separation of marital property from the inheritance, the validity of the will, the size of inheritance and other. If a person is instructed in the lawsuit, the same is filed within 30 days and the court is notified, the inheritance proceedings shall be put on hold till the final completion of this lawsuit.

According to the New York Times, high-profile probate proceedings can “drag on for years and lead to infighting among families, lawyers and others”.

The parties (interested parties in the probate proceedings) and representatives shall exercise their rights in good faith, and are obliged to fulfil their obligations related to the proceeding.

The inheritance proceeding is non-contentious proceeding which shall be instituted following the death of a natural person, after court receives the death certificate of the testator or an equivalent document.

In simple terms, the Certificate is a public deed ("authentic instrument", in the parlance of the law) that is recognized on the territory of all EU member states and that allows heirs, legatees, executors of the will or administrators of the estate to prove their legal standing in succession proceedings in order to exercise the rights and competencies vested in such position.