Duc_et_Pair
Imperial Majesty
- Joined
- Mar 30, 2014
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- Netherlands
This provision is the reason why in the UK there are so many ancestral estates still owned by the family. On the Continent, under the Code Napoléon, siblings have a fair and equal share in an inheritance and this often means the sale of the ancestral estate when the eldest brother can not "pay out" the other heirs. That is why on the Continent many estatea are placed into the ownership of a legal entity, like a family foundation. A non-natural legal person can not die and is therefore not subjected to inheritance laws and succession taxes.