Succession: what is it and how does it work?

Extract: Discover the meaning of succession, its legal basis and key steps to transfer or receive an inheritance securely in Massy, Palaiseau and Chilly-Mazarin.

Definition of succession

Succession marks the transfer of a deceased person's assets to their heirs or legatees. It covers all property, rights and debts, based on the law or the wishes of the deceased. This automatic process guarantees the continuity of family assets.

"Succession ensures heritage continuity for every family, providing a legal framework for heirs."

Who are the heirs?

Without a will, the law applies in a set order: children, spouses, close relatives, then other family members. In Massy and nearby towns, most inheritances include real estate. Support from Nicolas Immobilier ensures better management in these delicate cases.

Essential steps

A notary's involvement is required when real property is involved, the amount exceeds €5,910, or there is a will or spousal donation. They confirm heirs and inventory the assets. You must submit the succession declaration within 6 months of the decease to avoid penalties. Depending on circumstances, heirs have up to 10 years to decide on accepting or refusing succession.

Inheritance tax and duties in 2025

Inheritance taxes vary by relationship and the value of assets. The deduction for children is €100,000. Real estate is valued at market price at the time of death. For Massy and surrounding communes, 

What’s new and easier in 2025

Digital wills become a reality, securing the transmission of the wishes of the deceased. Most administrative steps are now fully online. Family gifts are promoted up to €300,000, with exemptions for buying a main home in specific cases.

Making the best choices in Massy, Palaiseau and Chilly-Mazarin

Heirs can accept, refuse, or limit their liability to the value received. Nicolas Immobilier has supported over 1,400 families, offering local expertise, free property estimates, and a renowned personal touch. To buy property in Massy, Palaiseau or Chilly-Mazarin, see our dedicated service. Discover more on our agency’s presentation page and client testimonials describing our professional and transparent approach.

Advice from Nicolas Immobilier in Massy, Palaiseau and Chilly-Mazarin

To handle succession smoothly and maximise every property’s value, trust Nicolas Immobilier, the leading local expert. Benefit from free appraisals, tailored support and full market knowledge to protect your assets.

Author biography: Nicolas Benoit, director of Nicolas Immobilier agency in Massy, Palaiseau and Chilly-Mazarin. More than 1,400 satisfied clients testify to his professionalism and deep knowledge of the local market.

key topics

• succession
• inheritance
• notary
• will
• tax