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. Such distribution must always be made subject to the Forced Heirship provision of the law which is known as Probate.
A Grant of Probate
An application for a Grant of Probate must be made at the registry of the District Court within the jurisdiction of which the deceased was residing and if the deceased had no such place of residence, the application shall be made to the probate registrar of Nicosia. Once and if the Probate is granted, the Executor will be able to commence with the manage the deceased’s estate.
An Executor must fulfill certain requirements and moreover have a personal liability for the proper distribution of the estate to the beneficiaries and heirs. By appointing Demetris Ch. Demetriades LLC’s Partner as an Executor we will safeguard that all legal procedures are full completed and that all distributions are carried out accordingly.
The information contained in this article is provided for informational purposes only and should not be construed as legal advice on any subject matter. If you seek legal advice, kindly contact us