Advance inheritanceThe basic idea behind an advance inheritance is the principle of equal treatment - i.e. that parents usually want to treat their children...
Gifts - a tool for inheritance planningA gift is something given voluntarily directly or indirectly without payment in return. A gift can be measured in money or money’s worth...
Inheritance planningThe main questions in inheritance planning are: - to whom? - how much? - when? In order to plan you need tools. The most common tools in...
Choice of law clauseLast week I wrote about how your place of residence decides applicable law. I also mentioned that when it comes to certain specific legal...
Which law is to be applied?Last week I wrote about how a person by moving to another State can decide where he/she is taxresident. But just because a person has...
Tax-resident vs. tax-nonresidentIt's time to submit the annual tax returns in Finland and Finns are once again going through their receipts and checking for ways to...
Abolishing gift- and inheritance tax in the name of equalityEquality is a fundamental principle of taxation. Taxation must be carried out in such a way that the tax burden is imposed equally on all...
Informal relationships in the EU; co-habitationAccording to Statistics Finland a cohabiting couple means: "A cohabiting couple is defined as two spouseless adults of different sex aged...
Taking a child on a vacation abroad, was not considered child abduction: what is allowed under jointWhen parents divorce and decide not to parent together, an arrangement has to be made when it comes to the their mutual children...
Manage Your Blog from Your Live SiteWe’ve made it quick and convenient for you to manage your blog like a boss! First Publish your site, then login directly to your live...