10/02/2023 08:08

To distinguish between inheritance of property and trực tiếp bóng đá hôm nay gift of property in Vietnam

To distinguish between inheritance of property and trực tiếp bóng đá hôm nay gift of property in Vietnam

Both trực tiếp bóng đá hôm nay act of inheritance and gift of property involve leaving your property to someone else. So what is trực tiếp bóng đá hôm nay difference between these two? "Hoang Long-Binh Thuan, Vietnam"

Hello, Lawnet would like to answer as follows:

1. Similarities between inheritance of property and trực tiếp bóng đá hôm nay gift of property

- All are regulated in trực tiếp bóng đá hôm nay Civil Code 2015.

- Dispose of property, in order to transfer ownership of property from one person to another.

- Exemption from PIT and registration fees if given or inherited by husband and wife; biological father, natural mother, with a natural child; adoptive father, adoptive mother, with an adopted child; father-in-law, mother-in-law, with a daughter-in-law; grandfather, grandmother, with a grandson; grandparents, grandmothers, with grandchildren; brothers, sisters, and siblings together.

If not falling into trực tiếp bóng đá hôm nay above cases, they must pay personal income tax of 10% and registration fee of 0.5% of trực tiếp bóng đá hôm nay property value.

2. trực tiếp bóng đá hôm nay difference between inheritance of property andgift of property

Criteria

Inheritance of property

Gift of property

Definition

Acceptance of inheritance occurs when a person receives trực tiếp bóng đá hôm nay property of another person after that person dies according to a will or divides trực tiếp bóng đá hôm nay inheritance according to law.

A gift of property is an agreement between parties whereby trực tiếp bóng đá hôm nay donor hands over his property and transfers ownership to trực tiếp bóng đá hôm nay donor without asking for compensation, which trực tiếp bóng đá hôm nay donor agrees to receive.

Subjects of benefits

- trực tiếp bóng đá hôm nay heir is a person who is still alive at trực tiếp bóng đá hôm nay time of opening trực tiếp bóng đá hôm nay inheritance; was born, and was still alive at trực tiếp bóng đá hôm nay time of opening trực tiếp bóng đá hôm nay inheritance but became pregnant before trực tiếp bóng đá hôm nay leaver died.

- If trực tiếp bóng đá hôm nay heir under trực tiếp bóng đá hôm nay will is not an individual, it must exist at trực tiếp bóng đá hôm nay time trực tiếp bóng đá hôm nay inheritance is opened.

trực tiếp bóng đá hôm nay donor and trực tiếp bóng đá hôm nay recipient must be alive.

Forms

- Receiving inheritance must be based on trực tiếp bóng đá hôm nay will left behind;

- Division of estate according to law.

A contract for trực tiếp bóng đá hôm nay transfer of property is required.

Prescriptive periods

trực tiếp bóng đá hôm nay heir inherits trực tiếp bóng đá hôm nay deceased's property rights and obligations from trực tiếp bóng đá hôm nay time trực tiếp bóng đá hôm nay inheritance is opened—trực tiếp bóng đá hôm nay time of trực tiếp bóng đá hôm nay owner's death.

- Gift for real estate: effective from trực tiếp bóng đá hôm nay time of registration; if no ownership registration is required, it will take effect from trực tiếp bóng đá hôm nay time of property transfer.

- Gift of movable property: effective at trực tiếp bóng đá hôm nay time trực tiếp bóng đá hôm nay donor receives trực tiếp bóng đá hôm nay property unless otherwise agreed; if trực tiếp bóng đá hôm nay movable property is subject to registration of ownership, it shall take effect from trực tiếp bóng đá hôm nay time of registration.

Procedures

- Inheritance procedures are carried out after trực tiếp bóng đá hôm nay deceased leaves trực tiếp bóng đá hôm nay property.

- trực tiếp bóng đá hôm nay heirs who want to receive trực tiếp bóng đá hôm nay estate must do one of trực tiếp bóng đá hôm nay following procedures:

+ Declaration of inheritance according to trực tiếp bóng đá hôm nay will

+ Legal declaration of inheritance; division of inheritance.

Carrying out trực tiếp bóng đá hôm nay transaction while both parties are alive and jointly entering into a contract for trực tiếp bóng đá hôm nay property.

Bui Thi Nhu Y
761


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