We would like to express our deepest condolences to your sorrow at the departure of your loved one. Passing of a loved one requires a lot of practical arrangements in time of grief. To assist in these arrangements, basic information and instructions for managing a decedent’s estate have been collected here.
When a person dies, his or her rights and responsibilities are transferred to the decedent’s estate. Matters concerning the estate are decided jointly by the parties to the estate.
Parties to the decedent’s estate are typically statutory heirs, surviving spouse if the spouses had marital right to each other’s property (the widow or widower is a party to the estate until the distribution of matrimonial assets has been carried out), and beneficiary of a general legacy. Beneficiary of a general legacy is a person to whom the deceased has bequeathed his or her entire property or part of it.
Statutory heirs under Finnish law
Powers of attorney or similar authorizations assigned by the decedent are no longer valid after the time of passing. The estate is also responsible for the debts of the decedent. It may be advisable to seek professional help to advice in the administration of the decedent´s estate, if necessary.
Taking care of banking matters relating to the decedent´s estate prior to the estate inventory requires that a party of the estate provides the bank with an extract from the population register, indicating that the person is either the surviving spouse or an heir.
Every beneficiary of the estate may alone
An estate inventory must be carried out within three months from the date of death. The parties to the estate may authorize one of the parties or some other specified person to represent the estate with a power of attorney. The consent of all parties to the estate is required when:
To take care of banking matters of the estate, we kindly ask to provide us with the copies of the following documents:
Please note that the list of required documents listed above is not exhaustive. We may request additional documentation on a case-by-case basis.
Handling of the estate of a deceased person Finnish Financial Supervisory Authority:
European Certificate of Succession Finnish Digital and Population Data Services Agency
Finnish Tax Administration:
Finnish Digital and Population Data Services Agency:
We will be happy to answer your questions and help you with practical matters in Evli's Investor Service. You can also provide us with the documents necessary for managing the estate.
We can be reached on weekdays by e-mail at email@example.com or by phone at +358 (0)9 4766 9701 (from 9:30 am. to 4:30 pm.).