Inheritance Laws and Wills
By
Ramin Babaei
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Inheritance laws and wills vastly differ in Turkey. Spouses and blood relatives are automatically entitled to any assets. For this reason, many Turkish people do not make wills. Wills made in your home country for assets in Turkey can only override the inheritance laws if a judge approves it. So under Turkish laws, we highly recommend you have a will organized in Turkey as a foreign investor so it will be straight forward to pass your assets to your loved ones.
Another topic that entices foreign buyers is the inheritance laws in Turkey. Since there is no inheritance tax, property investments in the country are becoming more popular year after year. For this area of discussion, we also recommend you seek independent advice from a lawyer as everyone’s situation, and personal circumstances can change the process and outcome.
Another topic that entices foreign buyers is the inheritance laws in Turkey. Since there is no inheritance tax, property investments in the country are becoming more popular year after year. For this area of discussion, we also recommend you seek independent advice from a lawyer as everyone’s situation, and personal circumstances can change the process and outcome.