Succession in Lithuania

  • 2012-05-30
  • Marius Matiukas, Associate lawyer, ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontora
Succession, according to the Civil Code of the Republic of Lithuania, is the devolution of property rights, duties and some other personal non-property rights of a deceased natural person to his heirs by the operation of law (intestate) and/or to successors by the will (testate). Subject to succession are: material objects (movable and immovable things) and non-material objects (securities, patents, trade marks, etc.), claims of patrimonial character and property obligations of the bequeather; in cases provided for by laws – intellectual property (authors’ property rights to ...
 
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