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- W4283319068 abstract "This chapter considers the legal system of Liechtenstein: civil law system. It reports that the Princely Court in Vaduz, the capital of Liechtenstein, is the appropriate Court of First Instance for matters of succession law. The chapter then describes the last will as an instruction from the person testating on who shall receive his or her estate. This instruction is unilateral, revocable at any time, does not require receipt and must meet certain formal requirements. This chapter analyzes the order of succession in cases of intestacy, stating that the law is based on the principle of family succession and follows the system of succession per stirpes. Consequently, the intestate heirs are the closest relatives and the spouse in the following order: first line: the decedent’s descendants; second line: the decedent’s parents and their descendants; third line: the decedent’s grandparents and their descendants; fourth line: the decedent’s great-grandparents, but not their descendants. Ultimately, the chapter reviews the freedom of testation under the Liechtenstein law. As a result of the principle of family succession, the testator/trix is obliged to leave to the forced heirs a compulsory share. It also looks at the separation of property, maintenance, and the decedent’s jointly owned property." @default.
- W4283319068 created "2022-06-24" @default.
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- W4283319068 date "2022-03-17" @default.
- W4283319068 modified "2023-09-23" @default.
- W4283319068 title "Liechtenstein" @default.
- W4283319068 doi "https://doi.org/10.1093/oso/9780198870463.003.0032" @default.
- W4283319068 hasPublicationYear "2022" @default.
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