Our clients ask about it all the time: forced heirship.
Understanding what it is and how to plan accordingly is a critical
part of succession planning. Our BVI and Bahamas experts have the
ins and outs. Here, they fill you in on what you should definitely
know.
1. What is forced heirship?
Forced heirship is a civil law system. It determines which heirs
are entitled to receive the assets of a deceased person. The rules
vary from country to country, but in essence, where forced heirship
rules apply, an individual cannot freely dispose of their assets as
they see fit; the entitled heirs are determined by the applicable
forced heirship laws in force.
2. When do forced heirship rules apply?
