Jäämistö

Jäämistö refers to the estate left behind by a deceased person. It encompasses all assets and liabilities that belonged to the individual at the time of their death. This includes tangible property such as real estate, vehicles, and personal belongings, as well as financial assets like bank accounts, investments, and pensions. Conversely, liabilities such as debts, mortgages, and outstanding taxes are also part of the jäämistö.

The administration and distribution of a jäämistö are governed by inheritance laws, which vary by jurisdiction. Typically, a legal process, often involving a will or intestacy rules, determines who the beneficiaries are and how the estate will be divided. An executor or administrator is usually appointed to manage the estate, which involves identifying and valuing assets, settling debts, and distributing the remaining property to the rightful heirs. This process can take time, depending on the complexity of the estate and any legal challenges that may arise. In some cases, a notary or other legal professional may be involved in overseeing the process to ensure it is conducted according to the law.