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Guernsey's Inheritance Law Reforms To Come Into Force In Early May,
by Carla Johnson, Investors Offshore.com, London
Wednesday, April 23, 2008
It has been announced by the Government of Guernsey this week that the Law
Reform (Inheritance and Miscellaneous Provisions) (Guernsey) Law, 2006, which
was registered in the Royal Court on 7th April, 2008, will come into force in the
Island on 7th May, 2008.
According to the States authorities, five main subjects are covered by the new Law:
The removal of discrimination against illegitimate children in inheritance;
The introduction of a scheme of administration of inherited real property
where ownership is uncertain;
Minor reform of formalities for making wills;
Reducing the period in which claims can be made against the owners of real
property which has been acquired from heirs; and
The abolition of retrait lignager (an ancient right which enabled certain blood relatives of the
seller of real property to bring proceedings to be constituted owner in place of
the purchaser within one month of the sale on payment of compensation).
The 2006 Law only applies in Guernsey.
Alderney and Sark have their own laws of inheritance, which are not affected
by the 2006 Law.
The government explained that the 2006 Law is important for people in Guernsey because it affects how inheritance
of real and personal property works.
Real property consists principally of land and houses. Personal property includes
people’s savings and investments and other personal possessions such as
cars and furniture.
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