Réttylfarslög
Réttylfarslög, also known as the Icelandic Inheritance Law, is a set of regulations governing the distribution of property and assets upon the death of an individual in Iceland. The law aims to ensure a fair and equitable division of inheritance, taking into account the unique social and economic context of Iceland. It is based on the principle of "equal division," which means that all heirs, regardless of their relationship to the deceased, receive an equal share of the estate.
The law recognizes several types of heirs, including blood relatives, spouses, and children. In cases where
One of the key features of the Icelandic Inheritance Law is its emphasis on the preservation of
The law is administered by the Icelandic Registry of Property and Land, which is responsible for registering
In recent years, there have been discussions and proposals to reform the Icelandic Inheritance Law to address