The heirs may divide the estate themselves and this is called the private transfer of the estate and must be completed within one year from the death.

An alcohol licence shall grant licences for the production of alcohol, the import of alcohol for the production or sale of alcohol.

Inheritance tax is 10% of the total value of all financial assets and assets, less debts and funeral costs

Radioactive materials in the environment can be both natural and man-made. The Icelandic Radiation Safety Authority monitors radiation in the environment.