Inheritance And Succession
INHERITANCE AND SUCCESSION
Our firm’s Inheritance And Succession Department takes pride in its responsiveness, efficiency, reliability and diligence in servicing our clients in a cost-effective, time-efficient and highly qualitative manner.
Inheritance and Succession law in Cyprus is governed both by domestic and EU legislation. As regards the domestic legislative framework, one of the main and most significant enactments is the Wills and Succession Law (Cap. 195), as amended, which contains provisions as to the validity of a will, regulates intestacy as well as issues regarding the declaration of death and domicile. Another significantly important enactment is the Administration of Estates Law (Cap. 189), as amended, which regulates, inter alia, issues regarding the execution of wills and the process of the administration of the estate of deceased persons. Lastly, the Probate (Re-Sealing) Law (Cap. 192) provides for the process of re-sealing, in the Republic of Cyprus, of any grant of probate or letters of administration issued by any Court of the United Kingdom and of the countries of the commonwealth.
As regards the applicable EU Law, Regulation (EU) 650/2012 governs intestacy issues of cross-border character, the right of EU citizens to choose the law of the country of their nationality as the law that will govern their will, as well as the process of issuance of the European Certificate of Succession.
Drawing on our extensive experience in the field of inheritance and succession, we are able to assist our clients and provide, among others, the following services:
- Drafting and registering of Wills;
- Handling Court procedures in relation to all aspects of an administration of the estate of a deceased, from the issuance of a Grant of Probate or an Order for estate administration until the distribution of the assets to the legal heirs and the filing of Final Accounts;
- Handling Probate Actions before any District Court;
- Appointment to act as Executors of a Client’s Will or as Administrators of his/her estate;
- Assisting executors or administrators to obtain a Grant of Probate or letters of administration;
- Applying to the appropriate Court for the re-sealing or recognition of foreign Grants;
- Advising on inheritance and succession matters.
OUR EXPERTS
SOLUTIONS
LATEST INSIGHTS
FAQ – Wills and Succession under Cyprus law
What is a Will? A will is a person’s written declaration of his/her intention regarding the way he/she wishes to dispose his/her movable and immovable
International Succession Planning and European Certificate of Succession
According to the European Regulation (EU) 650/2012, the Domicile of a deceased person ceases to be the connecting link (Ch. 195) and cross border succession
FAQ – Wills and Succession under Cyprus law
What is a Will? A will is a person’s written declaration of his/her intention regarding the way he/she wishes to dispose his/her movable and immovable
Contact Our Experts
Should you have any questions, or if you would like more info regarding our services, kindly contact us and we will be delighted to help you.
