pärandid

Pärandid refers to the assets and liabilities that a person leaves behind upon their death. This collection is typically managed and distributed by an executor or administrator according to the deceased's will or the laws of intestacy if no will exists. The process of settling an estate is known as probate or inheritance settlement.

Assets can include a wide range of property, such as real estate, vehicles, personal belongings, financial accounts, investments, and any other items of value. Liabilities, on the other hand, encompass debts, mortgages, taxes, and other outstanding financial obligations. These debts must generally be settled before any remaining assets can be distributed to the heirs or beneficiaries.

The distribution of pärandid is governed by legal frameworks that aim to ensure a fair and orderly transfer of property. Beneficiaries are individuals or entities named in a will to receive specific assets. If there is no will, the legal heirs, typically close family members, inherit according to predetermined rules. The value and nature of the pärandid can significantly influence the complexity and duration of the inheritance process.