Advance inheritance
The basic idea behind an advance inheritance is the principle of equal treatment - i.e. that parents usually want to treat their children...
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Gifts - a tool for inheritance planning
A gift is something given voluntarily directly or indirectly without payment in return. A gift can be measured in money or money’s worth...
Tax-resident vs. tax-nonresident
It'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 equality
Equality is a fundamental principle of taxation. Taxation must be carried out in such a way that the tax burden is imposed equally on all...
"'In this world nothing can be said to be certain, except death and taxes."
A death of a person means the birth of an Estate. The estate will live on until a copy of the division of properties is handed in to the...
International trust funds in Finland
I come across persons with common law trust funds in my work more and more often. People who have put a great deal of time and effort in...
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