Wills and Probate

Last activity 18 December 2023 by Toon

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ToonCyprus Expert18 December 2023 16:38:04

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Cyprus has adopted the “forced heirship” regime, which means that there is no absolute testamentary freedom in inheriting one’s estate. The Wills and Successions Law Cap. 195 distinguishes between the ‘statutory portions’ and the ‘disposable portions’ of a testator’s estate. The former refers to the portions of the estate which are disposed by default to the closest relatives the deceased left behind, namely the spouse and children, while the latter represents the rest of the estate the testator can distribute freely. An exception to this rule applies to anyone who was born in the United Kingdom or another Commonwealth country, giving them testamentary freedom to distribute the whole of their estate as they please.

To learn more about probate rules in Cyprus read this article below:

https://www.chambers.law/probate-rules-in-cyprus/

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