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beneficiair

Beneficiair is a Dutch legal term used to describe a specific way of accepting an inheritance. In a beneficiair acceptance, the heir accepts the estate only with the benefit of inventory. This means debts and liabilities of the deceased may be satisfied from the estate’s assets first, and the heir is not personally liable for debts beyond the value of what is in the estate.

Purpose and effect. The beneficiair form protects heirs from unlimited personal liability for the deceased’s debts.

Procedure and requirements. The estate is opened by a notary or court. An heir who wishes to

Context and terminology. The term beneficiair derives from the idea of accepting “in benefit” of the inventory.

By
accepting
with
the
benefit
of
inventory,
the
heir’s
exposure
to
creditors
is
limited
to
the
assets
that
belong
to
the
estate.
If
the
estate
turns
out
to
be
insolvent
or
to
have
more
debts
than
assets,
the
heirs
generally
do
not
have
to
pay
the
shortfall
out
of
their
own
pockets.
This
contrasts
with
zuivere
aanvaarding
(unrestricted
acceptance,
where
the
heir
is
personally
liable
for
all
debts)
and
with
verwerpen
(renunciation,
where
the
heir
declines
the
inheritance
altogether).
accept
beneficiairly
must
declare
this
intention
within
the
applicable
period
and
typically
after
an
inventory
of
assets
and
liabilities
is
prepared.
The
acceptance
is
recorded
and
governs
how
claims
against
the
estate
are
paid:
creditors
are
satisfied
from
the
estate’s
assets
first,
and
the
heir’s
liability
ends
there.
In
certain
cases,
specific
rules
or
formalities
may
apply
to
ensure
the
acceptance
is
valid
and
binding.
It
is
one
of
several
ways
to
handle
inheritance
under
Dutch
civil
law,
alongside
zuivere
aanvaarding
and
verwerping.
The
concept
focuses
on
balancing
the
rights
of
heirs
with
creditors’
interests
within
the
administration
of
an
estate.