What is the order of inheritance and the distribution ratio?

Mondo Culture Updated on 2024-02-20

The order of inheritance and the proportion of distribution are specified in the Chinese Inheritance Law. First of all, the legal heirs are in the order of spouse, children, and parents as the first heirs, and siblings, grandparents, and maternal grandparents are the second in line of succession. In the case of inheritance, the legal heirs in the same order shall generally divide the amount of the inheritance equally.

For example, if there is a deceased heir whose estate includes real estate, savings and other property, and has a spouse and two children, the spouse and two children are within the scope of the first heir in the legal order of succession, and they should divide the estate equally. For example, if the overall estate value is $1,000,000, each heir should receive 1 3 of them, i.e. 33330,000 yuan.

In addition, according to the provisions of the Inheritance Law, for heirs with different circumstances, if there is an heir who has the ability to support but has not fulfilled the obligation to support, the share of the inheritance may be reduced when distributing the estate. And if the heirs can reach an agreement through negotiation, the inheritance can also be distributed unequally.

In general, the purpose of the inheritance law is to reasonably protect the rights and interests of all types of heirs, and to set the corresponding inheritance order and distribution ratio according to the specific situation, so as to ensure the implementation of a fair and reasonable inheritance system. February** Dynamic Incentive Program

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