INHERITANCE TAX IN CAMEROON

INHERITANCE TAX IN CAMEROON

INHERITANCE TAX PRACTICES IN CAMEROON

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The death of a loved one is a painful ordeal. In Cameroon, the pain is all the greater if the deceased owned a certain amount of property, which he used to provide for his family. Once the funeral is over, the problem arises of what to do with the assets left by the deceased. There are two possible scenarios: - In the first scenario, the deceased may have decided during his lifetime on the devolution of his assets, notably through a will; - In the second scenario, he may have made no provision. In both cases, the law lays down the rules for inheriting property left by a deceased person. All de...