While each situation is different, the key steps of a succession process are usually the same. There are three of them and they may all be carried out for free: you simply have to be aware of it and, more importantly, to know how to proceed. Here is a recap of the whole process.
Nowadays, an even greater part of our lives “happens” online, especially on our accounts on social media. Indeed, those are a great way to stay in touch with friends and relatives, to share our small and bigger daily adventures or to show our best profile. All those accounts, as well as all the elements that we “leave” on the internet are part of what we call our “digital heritage” (that we also need to manage). In the case of a Facebook account, the world’s biggest social network, what happens when a user passes away? What happens with the account and how to have it deleted?
The term “extrajudicial protection mandate” sounds a little far-fetched to your ears? Understandably, but yet, behind this technical jargon hides a very useful tool, especially when it comes to preparing your succession. So, what is the actual meaning of these three words? For whom is it intended and, above all, when and how to use it?
The loss of a loved one is a difficult moment as such, that implies many actions and procedures for the relatives. And when the person dies abroad, the situation becomes even more complex. Indeed, how to obtain a declaration of death? Who should be notified, in Belgium and in the foreign country? How to have the body repatriated? A good knowledge of the various procedures will allow you to fully discharge of administrative burdens in order to have the time to grieve.
After a passing, flowers are usually sent to the deceased’s relatives, to show your support as well as to soberly and naturally honour the memory of the deceased. Yet, choosing the appropriate flowers, the right time and the right way to send them may be tricky. So, are there any “good practices” to apply? How to choose your flower rightly in such a difficult moment?
We have all already heard about life insurances and thus know, in short, that it is an insurance policy that guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies. But is it actually its sole definition? How does it really work? What are the advantages and, potentially, the disadvantages of such a policy? Is it worth purchasing one? When?
Nowadays, recomposed families are more and more common. Indeed, more than one out of ten Belgians is part of such a family! And each household has its specificities: remarried partners or cohabiting, children from a previous marriage, children of the new couple, step-brothers and sisters... Whatever your legal relationship to them, when it comes to inheritance, anticipation is key. Indeed, if you start thinking about it today, you will be able to make sure that, later, your assets will be divided and distributed according to your wishes.
The decease of a loved one is usually followed by a mountain of procedures: organising the funeral, terminating the contracts, informing the mutual and other bodies... while trying to mourn. And, in the meantime, bills keep coming in. Well, how to manage all those procedures and how to ensure that you are able to pay those bills?
Pets are undeniably a source of happiness and comfort. And we sometimes do not realise that they get older, just like us. Considering the joy that they have brought us for several years, we might wish to pay last tribute to them by organising a real ceremony dedicated to them. So, what happens when a pet dies and how to truly honour the faithful friend that it has been?
Did you know that, each month, more than 3,000 Belgian freely disclaim an inheritance that they should have received as heirs? Indeed, even if we tend to think that one does not refuse an inheritance, the option exists and... is quite popular! Well, is it sometimes best to refuse a succession? How is it done and what are the consequences?
After the decease of a loved one, the family first has to go through several administrative steps and organise a funeral. Then, they will have the time and opportunity to consider handling the sucession and all the papers that belonged to the deceased. By the way, it is necessary to keep all those documents? How long? Which ones are particularly importa
In Belgium, the law stipulates who inherits from a deceade person if nothing has been planned (will or donation): first, the partner and the children, then potentially the parents. If there are no closer relatives, the grandparents, or even the deceased’s uncles and cousins might inherit. But what can you do if you do not wish your distant aunt to inherit your estate? I you would rather have your childhood friend receiving it? Several options exist.
When talking about inheritance, one word keeps coming back: “will”. Indeed, still nowadays, it remains the basic tool to plan one’s succession. But it is really useful for everyone? Is it possible to write a will on my own? Where to keep it? What to be aware of? What happens if I change my mind? Many questions that often remain unanswered! Here is a small “guide” for greater clarity.
Needless to say that 2020 has been a very peculiar year! Well, while 2021 is knocking on your doors and while many seem very willing to welcome this new year with open arms – but still respecting safety advice – at Morning Blue, we have decided to tell you a bit more about us by reviewing the past year and underlining all the beautiful things that happened to us in 2020.
Each culture, each nation, and even each family, has its own traditions. They appear in many aspects of our lives: from food to wedding celebrations and all the other celebrations throughout the year. We also have traditions when it comes to death and grieve: for example, we write an obituary, we gather together or we organise a funeral followed by a get-together... Let’s travel a bit, at least virtually, and cross the Channel to Ireland. There, we might be invited to a quite surprising “Irish Wake”. An Irish Wake is actually a mix of a wake and a “party” thrown after the passing of a loved one: friends and family gather together to eat and drink, to dance and sing and, more importantly, to remember the life of the deceased and share memories. In short, it is a genuine celebration of life, to ensure a “good passing away”! Even if we should not abandon all our traditions - and while everyone copes with grief differently -, below are some ideas to celebrate a loved one’s life and to swap sadness with laughter.
December is the month of winter, of hot chocolates in front of the fireplace, of Christmas lights in the streets and, above all... it is the holiday season! Be it for Saint Nicholas, Christmas or New Year’s Eve, December really is the month of gifts. And, at some point in life, those gifts usually look more like an envelope containing a few dozen euros. However, from the tax authorities’ point of view, if the envelope is too packed, it could be considered as a donation! So, where does the difference lie and how can we avoid having to report our Christmas gifts to the tax administration?
If the succession is not particularly complex, the notary will gather the heirs for a third and last appointment, taking place approximately four months after the passing. It marks the end of the whole succession process and leads to the actual distribution of property.
Nowadays, social networks, especially Facebook, allow us to easily share our small and bigger daily adventures: a brunch or a drink with friends, our family holidays, our last purchase, a career change or even our new pet... But other types of posts have also recently appeared on the network with 2.5 billion active users: death announcements. While this usage may seem disturbing for some, it looks as though it is becoming more and more prevalent. Well, “should we” announce a death on Facebook? And if so, when and how?
The notary now has all the required documents to officially draft the inheritance tax return, which is crucial to settle the succession. This step, generally long awaited by the heirs, is the time of detailed calculations that will allow the notary to determine the exact value of the estate.
The notary has now put several procedures in place in order to create a file that will allow him to successfully handle the succession. He will then reunite the heirs again to have them sign the so-called act of heredity.
Climate change, extreme climate events, melting of sea ice… Preserving the environment has become a major concern. Solutions or, at least, proposals, are also proliferating: “zero-waste” lifestyle, electric cars and vehicles as well as the consumption of locally-produced goods. So much that some are now suggesting the idea of “green funerals”. Whether you want to remain utterly ecofriendly or simply want to do a little something for the earth, here are some of the options that you may want to consider.
After the first appointment with the notary, he will be able to undertake several procedures in order to create an inheritance file, gathering all crucial information in one place.
After having been through all the necessary administrative steps linked with a relative’s decease, the deceased person’s inheritance still needs to be settled. Usually phased by a notary, this process includes five major steps. Let us dig into the first one.
Various administrative formalities after death must be undertaken by the deceased's relatives following his or her departure, in particular because the bank blocks the deceased's bank accounts and safes.
Losing a loved one is a hardship as such. Despite the sorrow, you will quickly have to take mandatory administrative steps that may be exhausting and complex. To help you through this process, we have provided you with a checklist of everything that you need to consider.
Nowadays dogs, cats, rodents and other pets play an important role in the daily life of many people. They are often considered full family members and their disappearance is very difficult to overcome. But, conversely, what happens when the owner dies?
Has someone close to you lost a loved one? Your moral support is important to help them overcome this difficult life experience.
Knowing what to say or do to help a friend in grief can be difficult, especially if you have never experienced loss. Here is some advice to help someone in grief.
There are a number of measures that can be used to pre-fill in information about the legacy of one's body to science. It is important to designate the person who will be able to decide and to repeat this information, possibly in writing.
I have two children and my girlfriend has three children, can we plan to allocate the property to our 5 children?
My partner and I have two children, one of whom is bankrupt. We would like to avoid having all assets frozen at the time of death or used to pay the debts from the bankruptcy. What can we do?
One of my children has tax debts and the bank doesn't want to release the accounts following my husband's death, what can I do?
Since 15 March 2020, Europe has become the main focus of the coronavirus. While Italy is the country most affected by the pandemic, Belgium and France are not to be outdone. Answers in five questions.
While the global coronavirus pandemic is accelerating, Western Europe remains the most important focus of the disease. What behaviour can be adopted to protect oneself and those around one? We've taken stock of the situation for you.
The coronavirus-related health crisis is affecting our daily lives, even in the most difficult times. In both Belgium and France, the authorities have taken measures to limit gatherings. This also applies to the organisation of funerals. Explanations.
Before receiving an inheritance, the heirs and beneficiaries of the deceased are subject to inheritance tax.
19 April in Belgium: containment periods are lengthening to prevent the spread of the coronavirus maybe even until May. To cope with isolation, here are six actions to take to better organise your succession.
Many single people without children may want to leave their assets to their siblings after they pass away. If this is the case, you should know that there are laws and regulations regarding inheritance rights and tax rates between siblings in Belgium.
In this article, learn about the main sibling inheritance regulations in Belgium.
After a death has been declared, the funeral is a difficult stage for the relatives. Funerals require a certain amount of organisation and have a financial cost for the family.
Has a loved one passed away? Before organising a funeral and sorting the deceased’s estate, it is essential that a declaration of death is made, which is the first of many formalities after death. Don't know how to declare a death?
The death of a relative is a very difficult time. In addition to the grief you go through, a long list of paperwork and formalities must also be completed. Here are the administrative steps to take when a loved one dies in Belgium.
Experiencing the loss of a loved one is never easy. In addition to the grief the family goes through, a long list of paperwork and formalities must be completed. To make it easier for you, here is a chronological list of steps to take after a death.
A relative dies in mishaps. In this case, you must take special steps, particularly with insurance companies.
Life annuity sales allow the seller to take advantage of additional income at a time in his or her life when, more often than not, the bulk of this income is made up of retirement or pensions.
Funeral insurance is a life insurance policy intended to cover funeral expenses. Funeral insurance helps prepare you for this inevitable stage of life and ensure that your wishes are respected. Depending on the insurance contract, you can plan and organize how your funeral will be held and financed ahead of time. How do you choose the right funeral insurance? Here are some tips to guide you through the process.
To deal with an succession, you are free to choose the notary of your choice. But how do you choose one notary over another?