Social Insurance Administration: Settlement and collection
Does the estate or its heirs need to repay debts due to overpaid rights?
According to law, upon the death of a person, an independent legal entity, a estate, becomes, which temporarily assumes all the rights and obligations of the deceased.
The heirs are to share the division of the estate of the deceased with the District Commissioners within four months of death. The responsibility for the obligations of the estate depends on how the division is conducted.
Exchanges can generally be completed in four ways:
Private transfer: The heirs are jointly responsible for the obligations of the estate.
The surviving spouse is granted permission to reside in the unre divided farm: The surviving spouse is responsible for the obligations of the farm.
Public exchange: The exchange manager is appointed by the district court and takes custody of the estate. The heirs can guarantee its obligations.
The District Commissioner declares the estate as non-existent: no one is responsible for the estate's debts.
It is important that estate agents or heirs submit tax returns for unrecognised years to the RSK so that the TR recalculate on the correct basis.