The heir can accept the inheritance in full or with reservations. Of course, they can also reject it. With the full acceptance the heir is also liable for the liabilities of the estate with his or her personal assets; liability is not limited. It should be noted that no express declaration of acceptance is required. If the heir acts as if he or she were accepting the inheritance, this is referred to as acceptance by conclusive behaviour, which already triggers all the rights and obligations of the heirs.
Through the Acceptance subject to reservation By drawing up an inventory, the heir can limit his or her liability to the positive value of the estate, thus exempting his or her private assets from liability. To do this, the assets and liabilities of the estate must be recorded in a table.
Through the Cancellation the heir never becomes an heir. In this case, his children take his place, so that they would also have to disclaim. Your specialist inheritance lawyer in Düsseldorf and Krefeld, Dr Michael Gottschalk, will be happy to answer any further questions you may have.