Detailed description
In addition to drawing up a will, there are also cases in which it is better to conclude an inheritance contract. You can also determine the transfer of your assets in the inheritance contract.
The contracting parties do not need to be married, related or related by marriage.
While a will is drawn up unilaterally by the testator, an inheritance contract always involves two parties. Both parties can dispose of their estate (mutual inheritance contract). However, it is sufficient if only one party makes a testamentary disposition (unilateral inheritance contract). The crucial difference to a will is the binding effect of an inheritance contract: if the contracting parties want to make a binding arrangement (“contractual disposition”), the testator is bound by the disposition. While a will can be revoked at any time, this is not possible with an inheritance contract.
The inheritance contract renders previous and subsequent wills ineffective if they contradict the inheritance contract.
After its creation, the inheritance contract is placed in special official custody at the probate court or remains with the notary.