{"id":27454,"date":"2025-06-24T11:45:22","date_gmt":"2025-06-24T09:45:22","guid":{"rendered":"https:\/\/harlander-partner.eu\/ausfolgungsverfahren\/"},"modified":"2025-11-24T20:12:28","modified_gmt":"2025-11-24T19:12:28","slug":"asset-release-procedure","status":"publish","type":"page","link":"https:\/\/harlander-partner.eu\/en\/inheritance-law-estate-planning\/asset-release-procedure\/","title":{"rendered":"Asset Release Procedure"},"content":{"rendered":"\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Asset Release Procedure<\/h2><ul><li><a href=\"#h-ausfolgungsverfahren\" data-level=\"2\">Asset Release Procedure<\/a><\/li><li><a href=\"#h-voraussetzung-fur-das-ausfolgungsverfahren\" data-level=\"2\">Requirements for the Asset Release Procedure<\/a><ul><li><a href=\"#h-bewegliches-vermogen\" data-level=\"3\">Movable Assets<\/a><\/li><li><a href=\"#h-nicht-unbewegliches-vermogen\" data-level=\"3\">NOT: Immovable Assets<\/a><\/li><li><a href=\"#h-berechtigte-personen\" data-level=\"3\">Entitled Persons<\/a><\/li><\/ul><\/li><li><a href=\"#h-unterlagen-fur-das-ausfolgungsverfahren\" data-level=\"2\">Documents for the Asset Release Procedure<\/a><\/li><li><a href=\"#h-kosten-des-ausfolgungsverfahren\" data-level=\"2\">Costs of the Asset Release Procedure<\/a><\/li><li><a href=\"#h-fristen-des-ausfolgungsverfahren\" data-level=\"2\">Deadlines for the Asset Release Procedure<\/a><\/li><li><a href=\"#h-fazit\" data-level=\"2\">Conclusion<\/a><\/li><li><a href=\"#h-ihre-vorteile-mit-anwaltlicher-vertretung\" data-level=\"2\">Your Benefits with Legal Representation<\/a><\/li><li><a href=\"#h-haufig-gestellte-fragen-faq\" data-level=\"2\">Frequently Asked Questions \u2013 FAQ<\/a><\/li><\/ul><\/div>\n<a class=\"mr-cta-link mr-cta-button-cal\" href=\"#h2-booking\" title=\"Free initial consultation\"><span class=\"mr-cta-link-normal\">Select your preferred appointment now:<\/span><span class=\"mr-cta-link-bold\">Free initial consultation<\/span><\/a>\n\n<h2 class=\"wp-block-heading\" id=\"h-ausfolgungsverfahren\">Asset Release Procedure<\/h2>\n\n<p class=\"wp-block-paragraph\">The asset release procedure enables entitled persons to obtain movable assets located in Austria from a deceased person, without a complete formal probate process.<\/p>\n\n<p class=\"wp-block-paragraph\">In practice, the asset release procedure is frequently applied for obtaining accounts, cash, or jewelry.<\/p>\n\n<div class=\"wp-block-uagb-container uagb-block-3019fe8e alignfull uagb-is-root-container\">\n<div class=\"wp-block-uagb-container uagb-block-32585033\">\n<p class=\"wp-block-paragraph\">If a foreign national dies leaving movable assets in Austria, the question often arises as to how these can be legally and quickly acquired. In precisely such cases, the asset release procedure under<a href=\"https:\/\/www.ris.bka.gv.at\/NormDokument.wxe?Abfrage=Bundesnormen&amp;Gesetzesnummer=20003047&amp;Artikel=&amp;Paragraf=150&amp;Anlage=&amp;Uebergangsrecht=\"> \u00a7 150 Au\u00dfStrG<\/a> provides simple and quick access to movable assets in Austria.  <\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-45819ab6\"><picture>\r\n\t\t<source srcset=\"https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-352x198.webp\" >\r\n\t\t<img decoding=\"async\" class=\"mr-picture-small\" src=\"https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp\" alt=\"The asset release procedure serves to transfer movable assets of foreign deceased persons to entitled beneficiaries.\" >\r\n\t<\/picture>\n<\/div>\n<\/div>\n    <div class=\"mr-quote mrbg clearfix\">\n        <a class=\"mr-quote-person\" href=\"\/ueber-uns\/rechtsanwalt-peter-harlander\/\" title=\"Rechtsanwalt Peter Harlander\">\n            <img decoding=\"async\" class=\"mr-quote-person-img\" src=\"https:\/\/harlander-partner.eu\/wp-content\/themes\/harlander\/design\/ph100.webp\" width=\"100\"\n                 height=\"100\" loading=\"lazy\" alt=\"Rechtsanwalt Peter Harlander\">\n            <span class=\"mr-quote-person-text\">\n            Peter Harlander<br>\n            <span class=\"mr-quote-person-function\">Harlander &amp; Partner Rechtsanw\u00e4lte<\/span>\n        <\/span>\n        <\/a>\n        <span class=\"mr-quote-content\">\u201eDas Ausfolgungsverfahren ist ein <strong>rein schriftliches Verfahren<\/strong>, das Sie mit unserer Unterst\u00fctzung einfach und z\u00fcgig durchf\u00fchren k\u00f6nnen.\u201c<\/span>\n    <\/div>\n<a class=\"mr-cta-link mr-cta-button-cal\" href=\"#h2-booking\" title=\"Free initial consultation\"><span class=\"mr-cta-link-normal\">Select your preferred appointment now:<\/span><span class=\"mr-cta-link-bold\">Free initial consultation<\/span><\/a>\n\n<h2 class=\"wp-block-heading\" id=\"h-voraussetzung-fur-das-ausfolgungsverfahren\">Requirements for the Asset Release Procedure<\/h2>\n\n<p class=\"wp-block-paragraph\">An asset release procedure is only possible under the following conditions:<\/p>\n\n<ul class=\"wp-block-list icon\">\n<li>Nationality of the deceased\n<ul class=\"wp-block-list\">\n<li>Third-country national or a national of an EU Member State not subject to the EU Succession Regulation (Denmark and Ireland)<\/li>\n\n\n\n<li>NOT: Austrian national or a national of an EU Member State subject to the EU Succession Regulation<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>no habitual residence in a Member State of the EU Succession Regulation<\/li>\n\n\n\n<li>movable assets in Austria<\/li>\n\n\n\n<li>no probate proceedings in Austria<\/li>\n\n\n\n<li>Confirmation from the <strong>authority of the home state or the last state of residence<\/strong> that the applicant is entitled to receive the assets<\/li>\n\n\n\n<li>Application by an entitled person<\/li>\n<\/ul>\n\n<h3 class=\"wp-block-heading\" id=\"h-bewegliches-vermogen\">Movable Assets<\/h3>\n\n<p class=\"wp-block-paragraph\"><strong>Movable assets<\/strong> include all things that are <strong>not permanently attached to a property<\/strong> and can be <strong>easily transported or moved<\/strong>. These include, among others, <strong>money in accounts, jewelry, vehicles, works of art, furniture, or personal valuables<\/strong>. <\/p>\n\n<h3 class=\"wp-block-heading\" id=\"h-nicht-unbewegliches-vermogen\">NOT: Immovable Assets<\/h3>\n\n<p class=\"wp-block-paragraph\">The asset release procedure applies <strong>only to movable assets<\/strong>.<\/p>\n\n<p class=\"wp-block-paragraph\">No asset release procedure is possible for real estate, houses, land, and rights registered in Austrian registers such as companies or trademarks.<\/p>\n\n<h3 class=\"wp-block-heading\" id=\"h-berechtigte-personen\">Entitled Persons<\/h3>\n\n<p class=\"wp-block-paragraph\">An entitled person is someone who has the right to take possession of the deceased&#8217;s movable assets in Austria. This includes an heir or a legatee who is entitled to do so under the law of the home state or state of residence. <\/p>\n    <div class=\"mr-quote mrbg clearfix\">\n        <a class=\"mr-quote-person\" href=\"\/en\/about-us\/sebastian-riedlmair\/\" title=\"Attorney Sebastian Riedlmair\">\n            <img decoding=\"async\" class=\"mr-quote-person-img\" src=\"https:\/\/harlander-partner.eu\/wp-content\/themes\/harlander\/design\/sr100.webp\" width=\"100\"\n                 height=\"100\" loading=\"lazy\" alt=\"Attorney Sebastian Riedlmair\">\n            <span class=\"mr-quote-person-text\">\n            Sebastian Riedlmair<br>\n            <span class=\"mr-quote-person-function\">Harlander &amp; Partner Attorneys<\/span>\n        <\/span>\n        <\/a>\n        <span class=\"mr-quote-content\">\u201eIm Ausfolgungsverfahren wird streng gepr\u00fcft, um zu verhindern, dass unberechtigte Personen an fremdes Verm\u00f6gen gelangen.\u201c<\/span>\n    <\/div>\n<a class=\"mr-cta-link mr-cta-button-cal\" href=\"#h2-booking\" title=\"Free initial consultation\"><span class=\"mr-cta-link-normal\">Select your preferred appointment now:<\/span><span class=\"mr-cta-link-bold\">Free initial consultation<\/span><\/a>\n\n<h2 class=\"wp-block-heading\" id=\"h-unterlagen-fur-das-ausfolgungsverfahren\">Documents for the Asset Release Procedure<\/h2>\n\n<p class=\"wp-block-paragraph\">To successfully submit an application for asset release, the following documents must be submitted:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>an official declaration or certificate from abroad confirming that the applicant is entitled to receive the assets (e.g., certificate of inheritance, court order),<\/li>\n\n\n\n<li>proof that the assets are actually located in the country (e.g., bank statement, ownership document),<\/li>\n\n\n\n<li>certified translations of the documents, if applicable, provided they were not issued in German,<\/li>\n\n\n\n<li>depending on the country of origin of the documents, additionally an apostille or diplomatic legalization.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">The application must be submitted to the <strong>locally competent District Court in Austria<\/strong>. The court reviews the requirements and decides on the release by decree. <\/p>\n\n<h2 class=\"wp-block-heading\" id=\"h-kosten-des-ausfolgungsverfahren\">Costs of the Asset Release Procedure<\/h2>\n\n<p class=\"wp-block-paragraph\">The costs for the asset release procedure mainly consist of <strong>court fees<\/strong>, any <strong>translation costs<\/strong> for the documents, and the costs of <strong>legal representation<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\" id=\"h-fristen-des-ausfolgungsverfahren\">Deadlines for the Asset Release Procedure<\/h2>\n\n<p class=\"wp-block-paragraph\">For the asset release procedure itself, there are no fixed legal deadlines in Austria. Nevertheless, it is advisable to submit the application promptly, as &#8220;unclaimed&#8221; assets always pose a certain risk. <\/p>\n\n<p class=\"wp-block-paragraph\">Furthermore, in some countries, deadlines apply for the acceptance of inheritance or for the receipt of documents, which may also be important for the asset release procedure.<\/p>\n\n<h2 class=\"wp-block-heading\" id=\"h-fazit\">Conclusion<\/h2>\n\n<p class=\"wp-block-paragraph\">With the asset release procedure, entitled persons can quickly and easily access the movable assets of foreign deceased persons located in Austria.<\/p>\n<a class=\"mr-cta-link mr-cta-button-cal\" href=\"#h2-booking\" title=\"Free initial consultation\"><span class=\"mr-cta-link-normal\">Select your preferred appointment now:<\/span><span class=\"mr-cta-link-bold\">Free initial consultation<\/span><\/a>\n\n<h2 class=\"wp-block-heading\" id=\"h-ihre-vorteile-mit-anwaltlicher-vertretung\">Your Benefits with Legal Representation<\/h2>\n\n<p class=\"wp-block-paragraph\">We are happy to support you <strong>with our many years of experience<\/strong> in international inheritance law,<\/p>\n\n<ul class=\"wp-block-list icon\">\n<li>to submit the application <strong>correctly and completely<\/strong>,<\/li>\n\n\n\n<li>to avoid delays due to missing documents,<\/li>\n\n\n\n<li>to <strong>communicate securely and legally<\/strong> with courts and banks,<\/li>\n\n\n\n<li>to enforce your claims<\/li>\n<\/ul>\n    <div class=\"mr-quote mrbg clearfix\">\n        <a class=\"mr-quote-person\" href=\"\/ueber-uns\/rechtsanwalt-peter-harlander\/\" title=\"Rechtsanwalt Peter Harlander\">\n            <img decoding=\"async\" class=\"mr-quote-person-img\" src=\"https:\/\/harlander-partner.eu\/wp-content\/themes\/harlander\/design\/ph100.webp\" width=\"100\"\n                 height=\"100\" loading=\"lazy\" alt=\"Rechtsanwalt Peter Harlander\">\n            <span class=\"mr-quote-person-text\">\n            Peter Harlander<br>\n            <span class=\"mr-quote-person-function\">Harlander &amp; Partner Rechtsanw\u00e4lte<\/span>\n        <\/span>\n        <\/a>\n        <span class=\"mr-quote-content\">\u201eBesonders bei <strong>Erbf\u00e4llen mit Auslandsbezug<\/strong> sind Fachkenntnisse im internationalen Erbrecht entscheidend.\u201c<\/span>\n    <\/div>\n<a class=\"mr-cta-link mr-cta-button-cal\" href=\"#h2-booking\" title=\"Free initial consultation\"><span class=\"mr-cta-link-normal\">Select your preferred appointment now:<\/span><span class=\"mr-cta-link-bold\">Free initial consultation<\/span><\/a>\n\n<h2 class=\"wp-block-heading\" id=\"h-haufig-gestellte-fragen-faq\">Frequently Asked Questions \u2013 FAQ<\/h2>\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-3a4ca0c0 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height     \" data-faqtoggle=\"true\" role=\"tablist\"><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-5f4a2a2f \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>How long does the procedure take?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>Usually <strong>a few weeks<\/strong>, if all documents are complete.<\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-50d5802c \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>What does the asset release procedure cost?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>The asset release procedure consists of court costs, translation, and, if applicable, attorney fees. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-ff13bf02 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>Can multiple persons make a claim?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>Yes, then the court decides. We assist with <strong>providing clear evidence<\/strong>. <\/p><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"Asset Release Procedure The asset release procedure enables entitled persons to obtain movable assets located in Austria from a deceased person, without a complete formal probate process. In practice, the &#8230;","protected":false},"author":25,"featured_media":25394,"parent":40710,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[328],"tags":[],"class_list":["post-27454","page","type-page","status-publish","has-post-thumbnail","hentry","category-inheritance-law"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp",1920,1080,false],"thumbnail":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-100x100.webp",100,100,true],"medium":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-800x450.webp",800,450,true],"medium_large":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp",1920,1080,false],"large":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp",1920,1080,false],"1536x1536":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp",1536,864,false],"2048x2048":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren.webp",1920,1080,false],"336x":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-336x189.webp",336,189,true],"352x":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-352x198.webp",352,198,true],"woocommerce_thumbnail":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-300x300.webp",300,300,true],"woocommerce_single":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-600x338.webp",600,338,true],"woocommerce_gallery_thumbnail":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-100x100.webp",100,100,true],"yarpp-thumbnail":["https:\/\/harlander-partner.eu\/wp-content\/uploads\/Ausfolgungsverfahren-120x120.webp",120,120,true]},"uagb_author_info":{"display_name":"Simon Prem","author_link":"https:\/\/harlander-partner.eu\/en\/author\/simon-prem\/"},"uagb_comment_info":0,"uagb_excerpt":"Asset Release Procedure The asset release procedure enables entitled persons to obtain movable assets located in Austria from a deceased person, without a complete formal probate process. In practice, the ...","_links":{"self":[{"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/pages\/27454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/comments?post=27454"}],"version-history":[{"count":0,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/pages\/27454\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/pages\/40710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/media\/25394"}],"wp:attachment":[{"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/media?parent=27454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/categories?post=27454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harlander-partner.eu\/en\/wp-json\/wp\/v2\/tags?post=27454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}