The first Austrian Commentary on the European Regulations on the Law of Succession
— Astrid Deixler-Hübner and Martin Schauer (eds), Kommentar zur EU-Erbrechtsverordnung, MANZ’sche Verlags- und Universitätsbuchhandlung GmbH, 2015, ISBN: 9783214075156, pp. XXVI+738, 148 Euros.
The adoption of the Regulation No 650/2012 and of the Implementing Regulation No 1329/2014 are a major step towards facilitating cross-border successions. They have had an impact on intergenerational wealth planning, on the Austrian ‘probate procedure’ (Verlassenschaftsverfahren) and on disputes concerning the inheritance and the compulsory portion. The new law is characterised by the habitual residence as the central connecting factor in applicable law and international jurisdiction, by the principle of a single global estate and by a limited choice of law concerning legal succession upon death.
A major concern was not only the focus on the regulation a such, but to also consider the regulatory environment of the national law, which also includes the adjustment provisions established in the Act on the Amendment of Succession Law of 2015 (ErbRÄG 2015).
The editors, Professor Astrid Deixler-Hübner, head of the Institute for European and Austrian Civil Procedure Law at the Johannes Kepler University in Linz and Professor Martin Schauer, deputy head of the Institute for Civil Law at the University of Vienna, and the authors, being academics or practitioners, are leading experts in the field of succession law.
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