Your Will and Testament in Cyprus.
You have bought your dream property abroad, what more could you need to do? Your last Will and Testament in Cyprus!
We all know the excitement of getting the keys to our property, being excited that all our dreams are about to come true and no one wants to or likes to think about what could happen… it’s a sad truth that many people die without a will in cyprus, which can lead to frustration and a difficult elongated legal process for your surviving heirs to deal with on your passing.
At G KOUZALIS LLC we offer a simplified will process, ensuring that your assets are covered under Cypriot Law, and ensuring that your wishes are adhered to.
Though a lot of you know about it, in a nutshell a Will is the legal declaration in writing of the intentions of a person in respect of the disposal of their movable or immovable property after their death and this includes a codicil.
A will enables you to plan what will happen to your assets following your passing away. Subject to any forced heirship rules (see below) that may apply on a will having Cyprus law, a will ensures that those you would like to benefit, actually do so.
Particularly for people that are domiciled in Cyprus then Cyprus law applies for your movable property worldwide and all your immovable property in Cyprus. Normally, if you are domiciled in any third country then Cyprus law applies only for immovable property in Cyprus and the law of that third country affects for your immovable estate there and movable property worldwide.
As this year we celebrate the 20th anniversary of our law offices, we have decided to give a special present (Valid for 2024 only) that all wills made by our office will only be charged the real expenses (€18 per will{Eighteen Euros}) – Yes you read that right. Our office will draft your will free of charge. You only pay the stamp expenses.
If you would like more information regarding arranging your will, please do not hesitate to contact us at
G KOUZALIS LLC, lawfirm@cytanet.com.cy or by telephone on 00 357 23811788.