Perintöselvitys

Perintöselvitys, or estate inventory, is a crucial legal process in Finland following a person's death. It serves to determine the deceased's assets and debts, as well as identify the legal heirs entitled to inherit. The process is typically initiated by one of the heirs or by the executor of the will.

The primary goal of perintöselvitys is to create a comprehensive and accurate record of the deceased's estate. This involves gathering all relevant documents, such as bank statements, property deeds, investment portfolios, and any outstanding loan agreements or bills. The value of these assets and liabilities is then assessed.

Once the estate's net worth is established, the process moves to identifying the heirs. This involves examining legal documents like marriage certificates, birth certificates, and wills to confirm familial relationships and beneficiaries. Finnish inheritance law dictates the order of succession if there is no valid will.

The outcome of the perintöselvitys is a formal document that outlines the estate's composition and the rightful heirs. This document is essential for subsequent actions, such as the distribution of assets and the settlement of any debts. It provides a legal basis for the transfer of property and ensures that inheritance is handled according to legal requirements. The process can be complex and may involve legal professionals, especially in cases with multiple heirs, significant assets, or contested wills.