örökölés

örökölés is the Hungarian term for inheritance. It refers to the legal process by which assets and liabilities of a deceased person, known as the testator, are transferred to their heirs. This transfer can occur through a will, which is a legally valid document outlining the testator's wishes for the distribution of their property, or by law if no will exists. In the absence of a will, Hungarian inheritance law dictates a specific order of succession, typically starting with direct descendants, then parents, and so on.

The process of örökölés involves several steps. First, it is necessary to establish the death of the testator and identify the heirs. This often requires obtaining a death certificate and, if a will exists, locating it. Subsequently, a notary public typically handles the örökölés proceedings. They will verify the will, identify the heirs according to the will or by law, and determine the value of the estate. Taxes and debts associated with the estate are then settled. Finally, the remaining assets are distributed among the rightful heirs.

Heirs have a legal obligation to accept or reject the inheritance. Acceptance can be absolute or with the benefit of inventory, the latter limiting the heir's liability for the testator's debts to the value of the inherited assets. Conversely, rejection means the heir forfeits any claim to the estate. The legal framework surrounding örökölés aims to ensure a fair and orderly transfer of property and to protect the rights of both the deceased and the heirs.