At Vasiliou Law we provide excellent advice to individuals in relation to the issuance of wills, probate and estate administration.
Our highly experienced team undertakes to provide you with the following services:
- detailed advice on all aspects of inheritance
- preparation and drafting of wills
- filing with the Court’s Registry
- probate and estate administration
The laws in relation to inheritance in Cyprus are not the same as in the UK or elsewhere in Europe. It is, therefore, very important for an individual moving to Cyprus or buying property in Cyprus to review and update their Will.
Cyprus law will determine who will inherit assets (or the estate) in the following situations:
a. The estate of persons domiciled in Cyprus (that is, people who live in Cyprus with the intention of making it their permanent home)
b. The immovable property of those not domiciled in Cyprus.
Cyprus has a fairly complicated system of forced heirship which effectively reserves a certain proportion of the estate which must pass according a set system of inheritance. However, in Cyprus it is possible for a person who (or whose father) was born in the UK or in a Commonwealth country to make a Will to determine who will inherit their estate in Cyprus (European regulation, Directive 650/2012).
Our highly experienced team in Vasiliou law can assist you and your family members by providing you with a comprehensive and transparent advice under this complex area of law.