The Estate Administrator in Israel: When and How to Have One Appointed
Obtaining an inheritance order or a probate order in Israel is not always enough for the assets to be collected, the debts paid and the estate actually distributed. As soon as an estate includes real property, a business, debts, minor heirs or heirs scattered between Israel and abroad, the appointment of an estate administrator – Menahel Izavon (מנהל עיזבון) often becomes the only practical way forward. Here is what the role involves, how the appointment is obtained, and how it differs from the succession mechanisms foreign heirs are used to. I. What is a Menahel Izavon (מנהל עיזבון)? The...
Read MoreReal Estate Law Services in Israel
In the complex landscape of Israeli real estate transactions, engaging specialized legal counsel is not merely advisable but essential. Abitbol & Associates, with its extensive expertise in Israeli real estate law, provides comprehensive guidance throughout every critical phase of your transaction. The legal, tax, and administrative implications of real estate transactions demand sophisticated counsel to mitigate risks and ensure the legal security of all parties involved. Core Legal Services in Real Estate Transactions Our real estate practice encompasses three fundamental areas:...
Read MoreRecognition of a French Judgment in Israel: Exequatur Procedure and Steps
When a judgment is rendered in France and the debtor resides abroad, it is necessary to have the judgment recognized before the competent courts to consider its future application. Therefore, if you wish to execute a French decision in Israel, you will need to initiate an “exequatur” procedure with the Israeli courts, which will give the French judgment enforceable power in Israeli territory. In this regard, it is strongly recommended to be assisted by a specialized law firm. Principle of Exequatur in Israel Exequatur is the procedure by which Israeli judicial authorities...
Read MorePrésentation du Trust de type “Hekdesh” en Israël: un outil efficace de gestion de patrimoine post mortem
Domaine prometteur du droit israélien et outil propre à la gestion de patrimoine post mortem visant à perpétuer la tradition, le Trust de type Hekdesh est un moyen de protection efficace des actifs. Entité juridique avant-gardiste, le Hekdesh est la résultante d’une relation entre constituants, fiduciaires et bénéficiaires et confère un haut degré de confidentialité à l’ensemble de la structure dans laquelle il est utilisé. L’exemple de la société LAGARDÈRE met en lumière l’utilité d’une telle structure. En effet, le fondateur emblématique de l’empire...
Read MoreSecuring a will in the context of the reform of inheritance in France
Abitbol & Associes, with its recognized expertise in international inheritance matters in both France and Israel, has set up an innovative mechanism to secure each inheritance process. Indeed, our dedicated department offers a tailor-made service, allowing the registration of wills concurrently in France and in Israel, thus preventing the beneficiary in France from contravening the deceased’s will. This mechanism also avoids time-consuming and costly procedures since the wishes of the testator are safeguarded and secured on both sides. The advantage is also that, prior to the...
Read More(Français) Successions internationales en Israël : Quid de l’application du droit israélien ou étranger ?
Le tribunal des affaires familiales israélien a rendu une décision en septembre 2019, laquelle confirmée par la Cour de District au mois de mai 2020 confirmant l’application des dispositions du règlement européen en matière de succession internationale dont Israël n’est pourtant pas Etat signataire. Dans cette affaire pour laquelle le Cabinet Abitbol & Associes est intervenu aux fins de rendre un avis d’expert en droit français, le défunt de citoyenneté française et israélienne résidait en Israël 50 jours avant son décès. Le conjoint survivant a demandé à faire appliquer le droit...
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