Can the inventory meeting be held remotely?

The Tax Administration can only give instructions for what is required of the deed of estate inventory for purposes of inheritance taxes and submittal of the necessary tax return. If you plan to arrange the meeting for estate inventory with people participating over a remote connection, make sure that the deed you draw up will also meet the requirements of other parties that will need the estate inventory deed later, such as banks and the Digital and Population Data Services Agency.

As long as the deed meets the following requirements, it can be processed at the Tax Administration even if the meeting was conducted remotely:

1. The deed must contain all required personal details on the shareholders of the estate, the beneficiaries of the will, and information on property and debts of the deceased and the surviving spouse (including the deed’s required enclosures), and information on the relationships under family law.
2. The deed must contain an account of where, when and how the meeting was held, who were present and therefore aware of the matters discussed, and who presented matters for discussion.
3. The deed must include declarations made under oath, and certificates from the person reporting the estate and from the trustees.