pärimisvaraga

Pärimisvara refers to the assets and liabilities that a deceased person leaves behind, which are then transferred to their heirs. This concept is central to inheritance law in many jurisdictions. The pärimisvara encompasses all of the deceased's property, including real estate, personal belongings, bank accounts, investments, and any debts or obligations they may have had. The process of determining and distributing the pärimisvara is known as estate settlement or probate.

In Estonia, for example, the Inheritance Act governs the distribution of pärimisvara. Generally, heirs have the right to accept or renounce the inheritance. If accepted, they become responsible for the deceased's debts to the extent of the value of the inherited pärimisvara. The distribution of pärimisvara can occur through a will (testamentary succession) or, in the absence of a will, according to statutory provisions (intestate succession). The specific rules and procedures for handling pärimisvara can vary significantly between countries, but the fundamental principle remains the transfer of the deceased's net worth to their beneficiaries. The identification and valuation of all components of the pärimisvara are crucial steps in ensuring a fair and legal transfer of assets.