Do you know what estate duties are?
As a result of a death the heirs are liable to the administration for duties calculated on the assets transmitted. These assets may, if necessary, benefit from allowances which differ according to the relationship. The highest deduction is € 100,000 for the benefit of a transmission between parents and children.
The tax rate varies from 5% (for a portion of assets declared after abatement of 8,072 €) to 45% (for a tranche after abatement in excess of 1,805,677 €)