This is a very sensitive subject and one which affects so many people on a daily basis. Often when a loved one passes away, it is very difficult to think of what needs to be done. This is where we can assist you with all the legalities of administrating the estate of a deceased person.
In some cases there may not be a VALID WILL left behind which can (and often does) create rifts between families at a time when we should be pulling together and comforting one and another.
Firstly an administrator / executor of the WILL must be appointed by the court.
The administrator must provide a guarantee to the court to ensure that the estate of the deceased is protected under the custody of the court and within the Laws of the Republic of Cyprus. That is why the administrator must be resident in Cyprus.
There are many procedures and processes which are involved and because of their experience and knowledge of this field, and sometimes more importantly, their unbiased and independent relationship with the family, many families appoint their lawyer to proceed with this task on their behalf.
The Administrator, will be responsible to execute the wishes of the deceased, which among other tasks, may include resolving all issues relating to the funeral, payment of debts and finally the distribution of the estate to the beneficiaries according to their wishes.
G KOUZALIS LLC has a designated department which specifically deals with all aspects of the administration of a deceased estate. The process can be complicated, however please be rest assured that we will at all times, act responsibly, honestly and moreover, professionally to administer the estateof your beloved allowing you, the family, to grieve in private.
If you would like to speak to someone concerning the administration of the estate please do not hesitate to contact us.