Succession Law in Israel – Israeli Inheritance Law

Resolving Issues Regarding Succession Law in Israel Most people prefer not to dwell on inheritance & probate matters, but the fact is that life is transient. Upon the death of an individual, the fate of their property must be decided according to succession law in Israel, or by will – if it exists. Inheritance is […]

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Implementing FATCA by Israeli Banks

FATCA (The Foreign Account Tax Compliance Act) was legislated in May 2010 and entered into force In July 2014. It obliges U.S. taxpayers, namely American passport holders and American social security number owners, to report foreign financial accounts, whose value exceeds 10,000 dollars, and offshore assets to the IRS (Internal Revenue Service). It also obliges […]

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Inheritance Law in Israel – Inheritance by Will

Inheritance law in Israel is governed by the Succession Law of 1965 (‘Succession Law’), and is handled by the Israeli Inheritance Registrar. According to the law, a person’s estate passes on to his or her heirs upon death. This may happen in one of two ways: by will or by law. This article will focus […]

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