Dganit Toren, Adv., Esq. L.L.M

Succession according to the law in Israel - In this list we have summerized the most relevant sections of the law which govern intestate succession in Israel in order to provide better understanding to our clients abroad who wish to assess their degree of kinship to a decedent in Israel.

 

Dganit Toren, Adv., Esq. L.L.M

The Israeli Succession Law, 1965 and the Succession Regulations, 1998 are the main legislation governing the rights of successors and beneficiaries and the assets of deceased in Israel.

Dganit Toren, Adv., Esq. L.L.M
Many Americans consider to allocate some of their nest egg towards an investment in Israel.

 

Dganit Toren, Adv., Esq. L.L.M

When a foreign resident purchases an investment property in Israel, there are certain factors to take into consideration that may differ from those of local Israeli residents.

Dganit Toren, Adv., Esq. L.L.M
The Israeli law of succession – the Succession Law, 1965 - declares in section 2, that the inheritors are successors by law or beneficiaries by will; the inheritance rights are governed by the law, unless there is a valid will.

Dganit Toren, Adv., Esq. L.L.M

As a general rule, a person who has in his possession few assets in different countries or jurisdictions may prepare a legal will in each jurisdiction, in order to avoid unnecessary complications.