Declaration of estate, prepared by the heirs
The heirs and life insurance beneficiaries must prepare a declaration listing the assets and liabilities of the deceased. A notary can also take care of this.
The Belgian registration authorities must receive this declaration of estate within 4 months of the death. This period is set at 5 months if death occurs in another European country and 6 months if it occurs in a non-European country.
The law prescribes the form and content of the declaration of estate. A standard document can be obtained from the registration authorities.
Generally, the heirs should submit a joint declaration but each can prepare his or her own.
The declaration of estate must include:
- details of the deceased, any spouse and the heirs;
- any gifts; and
- the estate's assets and liabilities.
Your Private Banking Centre
can help you compile all this information.