Possibility of agreement on waiver of the legitim

The issue of the legitim and the possibility of waiving it is discussed by Aldona Leszczyńska-Mikulska, supervisor of the GWW private client advisory team.

In the vast majority of cases, a company built over years is the entrepreneur's property. Immovables, fixed assets, machinery and devices that are used to generate revenues are related to it. All spare funds are reinvested by the entrepreneur or used to pay off loans. A perspective of the legitim means that even if the company is worth a lot, heirs do not have free funds to pay the legitim in cash. The sale of the company or its part destroys the entire inheritance or succession plan. As a result, instead of developing in the next generations, the family business is begining to crumble. – says Aldona Leszczyńska-Mikulska.

The article was published on Prawo.pl: https://www.prawo.pl/podatki/porozumienie-w-sprawie-zrzeczenia-sie-zachowku-aldona,507324.html