Inheritance Laws in Mongolia
Inheritance laws in Mongolia are primarily governed by the Civil Code of Mongolia, which regulates the distribution of assets following an individual's death. The laws cover both testate succession (inheritance through a will) and intestate succession (inheritance without a will). Here is an overview of inheritance laws in Mongolia:
1. Testate Succession (Inheritance With a Will)
Right to Make a Will: Individuals in Mongolia have the right to create a will to determine how their estate will be distributed after their death. The will must comply with the legal formalities outlined in the Civil Code to be considered valid.
Types of Wills: Mongolia recognizes different forms of wills, including:
- Written Wills: The testator must sign and date the will in their own handwriting. If someone else writes the will, the testator must sign it and confirm that they understand its contents.
- Notarial Wills: A will made in front of a notary, where the notary certifies the testator's intentions and ensures the proper formalities are followed.
Validity of Wills: A will may be invalid if it does not meet the required formalities. These include issues such as improper signatures, failure to include witnesses (if necessary), or if the will violates the principle of forced heirship (compulsory inheritance for certain relatives).
2. Intestate Succession (Inheritance Without a Will)
When a person dies intestate (without a valid will), their estate will be distributed according to Mongolian intestacy laws. The distribution follows a hierarchy of heirs, ensuring that close family members inherit the estate before more distant relatives.
Order of Heirs
Spouse and Children: The deceased’s spouse and children are the primary heirs.
- If there is a surviving spouse and children, the estate is divided between them. The children inherit equal shares, while the spouse inherits a portion. The spouse's share will depend on the number of children. If there is only one child, the spouse receives one-third of the estate, and the child receives the other two-thirds. If there are multiple children, the estate is divided equally between them, with the spouse receiving a smaller share.
Parents: If the deceased has no children but has surviving parents, they will inherit the estate. In this case, the parents share the estate equally, or if one parent is deceased, the surviving parent will inherit the entire estate.
Siblings and Other Relatives: If there are no surviving spouse, children, or parents, the estate will pass to the deceased's siblings. If there are no siblings, it may pass to more distant relatives like nieces, nephews, aunts, uncles, and grandparents, depending on their relationship to the deceased.
State Inheritance: If no relatives can be identified, the estate will pass to the state of Mongolia. The state becomes the heir in the absence of all blood relatives.
Compulsory Heirs and Forced Heirship
- Mongolian law has a system of forced heirship, which means that certain heirs, such as children and the surviving spouse, are entitled to a portion of the deceased’s estate, even if the deceased has written a will that attempts to distribute the estate differently.
- A testator cannot completely disinherit their children or spouse under Mongolian law, although a portion of the estate may be freely distributed to other beneficiaries.
3. Inheritance by Children
- Children have a compulsory share in the estate of their parents, regardless of the terms of a will.
- If there are multiple children, the estate will be divided equally among them. In cases where there is only one child, the child will inherit the entire estate, alongside a portion for the spouse.
- Adopted children are treated the same as biological children in terms of inheritance rights.
4. Inheritance by Spouse
- The spouse of the deceased also has inheritance rights, and the law provides that the spouse shares in the estate with the children. The share allocated to the spouse depends on the number of children.
- Community Property: If the estate consists of property acquired during the marriage (community property), the surviving spouse has rights to that property alongside the children.
5. Inheritance of Real Property
- Real estate owned by the deceased will be passed down to the heirs, whether through a will or intestate succession.
- Property ownership must be transferred through the appropriate legal processes, and heirs must update property records with the relevant authorities.
6. Inheritance Taxes
- In Mongolia, there is no inheritance tax for direct family members (such as children, spouses, and parents). However, inheritance of property may be subject to other taxes or fees related to the transfer of ownership, depending on the nature and location of the property.
7. Estate Administration and Probate
- Probate in Mongolia refers to the legal process of administering a deceased person’s estate. The Civil Code governs the distribution of assets, and a notary is typically involved in the process, especially if the deceased had a will.
- The probate process involves the verification of the will (if one exists), the determination of heirs, and the distribution of the estate according to the applicable laws.
- If there is no will, the court will appoint an administrator to oversee the division of assets according to the laws of intestate succession.
8. Dispute Resolution
- If there is a dispute over the distribution of the estate, whether due to the validity of a will or the interpretation of the inheritance laws, the matter may be taken to court.
- The court will assess the situation, hear from the involved parties, and determine the lawful heirs and the proper distribution of the estate.
Conclusion
Inheritance in Mongolia is governed by the Civil Code, which provides rules for both testate and intestate succession. Under Mongolian law, children and spouses are protected by forced heirship laws, ensuring they receive a portion of the deceased’s estate. The system emphasizes the rights of immediate family members, and in the absence of a will, the estate passes to the deceased’s spouse and children. Real property and estate administration are regulated by the civil code, and inheritance taxes are not imposed on direct family members.
0 comments