perinnönjaot

Perinnönjaot is a system used in Finland and Estonia to distribute inherited properties and assets among family members. The Finnish term "perinnönjaot" directly translates to "inheritance divisions".

In Finland, perinnönjaot usually occurs after the death of an individual, when their estate needs to be distributed among their heirs. The estates are typically divided into movable and immovable properties, with movable assets including cash, bonds, and other liquid assets, while immovable assets comprise real estate, such as houses and apartments.

Under the Finnish Inheritance Act, the distribution of an estate is determined by the deceased's will, if one exists. If there is no will, the distribution is governed by the act's rules, which stipulate the order of heirs, including spouses, children, and other relatives. The Act also allows for the devolution of property rights in case the heirs are unable or unwilling to accept the inheritance.

In Estonia, a similar system is used, governed by the Estonian Land Reform Code and other laws regulating property rights. Similar to Finland, the distribution of an estate is determined by the will of the deceased, if one exists. If there is no will, the property is distributed according to the estate's laws.

Perinnönjaot can be complex and varied, depending on specific circumstances, such as family relationships, property values, and tax implications. In both Finland and Estonia, seeking advice from professionals, such as lawyers or notaries, is often recommended to ensure that the process is carried out according to the applicable laws and regulations.