From pbl.legal: High-net-worth families with international assets must understand Bulgarian inheritance law and estate planning, governed by the Inheritance Act of 1949.

The law outlines various will formalities, intestate succession rules, forced heirship principles, and taxation details, including exemptions for spouses and direct descendants.

Effective estate planning in Bulgaria requires navigating legal procedures and tax implications to ensure proper asset distribution and compliance with both Bulgarian and international laws.

Filed under: SME & Family Business

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