Can my children renounce the inheritance in advance?
Potential heirs can already renounce their future inheritance in advance. Any declaration made in advance by which someone declares during his/her lifetime that they renounce their future right to an inheritance amounts to a renunciation of the succession. Such written statement has to be made by way of notarial act or legal record to be valid. Renouncing an inheritance means that the rules as to intestate succession and the reserved share regime do not apply (cf. § 515 ABGB). The reserved share also has to be renounced by notarial act. It allows forced heirs to renounce their legal reserved share during their lifetime.
European notaries Directory
Find a notary who speaks your language
Österreichische Notariatskammer
Landesgerichtsstrasse 20
A -1010 Wien , Österreich
Tel.: +43 - 1 - 402 45 09
Fax: +43 - 1 - 406 34 75
kammer notar or at
www.notar.at