Succession in Portugal
15-02-2023

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How can I pass on my assets while I’m still alive ?

If a person wishes to make property available to his/her presumed heirs or other persons whilst he/she is still alive, he/she can do so by making donations.

It is also possible to proceed with a living succession, which is a contract based on one or more donations between living persons, with or without reserving a usufruct, of all or part of the possessions of the donor, for the benefit of one, some or all of his/her presumed legal heirs. This is achieved with the consent of the other heirs, i.e. the donees pay or agree to pay the non-donees their proportion of the unit value of the assets received.

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Ordem dos Notarios Portugal

Travessa da Trindade,nº 16 - 2.º C,

PT - 1200-469 Lisbon, Portugal

Tel.: +351 21 346 81 76

Fax: +351 21 346 81 78

internacional notarios pt

www.notarios.pt

Information for non-EU European countries is available on the International Union of Notaries (UINL) website at the following link.