Cyprus International Trust The applicable law relating to trusts in Cyprus is based on the…
Wills & Estate Administration
Wills and Succession Law
A Will is a legal written document duly executed and witnessed, which communicates the wishes of a deceased on how his estate (whether movable or immovable) will be distributed upon his passing.
We strongly recommend drafting a will if you posses estate for the avoidance of unnecessary procedures and expenses associated with the Law of Intestacy (dying in the absence of a will).
If a family member has passed away and has made a valid will, his assets must be distributed in accordance with the instructions stated in the will, subject always to the Forced Heirship provision of the law , such a process is known “Probate”.
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Trust The alternative route to estate and succession planningCreating an international recognized trust can ensure