Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-13-Speech-2-268-000"
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"en.20120313.17.2-268-000"2
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"Today’s plenary session saw the vote on the report by Mr Lechner. The new regulation aims to facilitate the execution of wills and avoid long and costly procedures if a European citizen dies in a Member State other than his home country and his will involves more than one national legal system. According to Mr Lechner, cross-border successions account for 10% of successions in the EU, at almost 450 000 per year with a value in the region of EUR 123 billion. The new European rules would also introduce a European Certificate of Succession. This could ease legal procedures and ensure that the rights of heirs are respected alongside those of the other parties involved, such as creditors. Overall, this would making the procedure quicker and clearer, while use of the certificate would be voluntary. The new regulation will not apply in cases of succession for people who stay in their home country and does not alter national legislation on succession, property or tax, nor would it entail any harmonisation of national procedures."@en1
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