At the Economou & Economou Law Firm, we understand that the death of a loved one can be an emotional and difficult time. It is a time of reflection, mourning and transition. In times like these, our probate law firm is at your side to ensure that your family’s legacy is managed with the utmost care, sensitivity and expertise. Thanks to our commitment to excellence and our years of experience, we are your trusted partner in navigating the twists and turns of inheritance law. If you have an inheritance case, you can have the right answers and get legal advice from our expert inheritance and real estate lawyers in Athens, Greece.
According to Greek law, in the absence of a will (intestate succession), six ranks are used to determine who is to inherit the estate.
The descendants of the testator are called to join the first rank, that is to say that the first rank is made up of the children of the deceased who are called to accept or renounce the inheritance. The children inherit equally, meaning they each receive the same percentage.
Extreme caution should be exercised in the case of taxpayers who, in addition to real estate or personal property, inherit the debts of deceased persons and thus risk having problems with the State. Debts to the tax authorities or municipalities are not erased but “transmitted” to descendants. It is also not uncommon for heirs to be unaware that their parent did not leave a will, so that they do not respect the deadline for renouncing the inheritance and end up with the heir’s debts.
How soon can the heir renounce the inheritance?
If the heir resides abroad, how long can he renounce the inheritance?
How is the renunciation of inheritance carried out and before which court?
What are the consequences of the expiry of the waiver period?
Contact us at email@example.com or call us at (+30) 2103603824 to help you determine your heir status if you have further questions or if you have a missing heir you are interested in investigate or want to research to recover money from an unclaimed inheritance.