Inheritance Law

At Economou & Economou Law Office we understand that the passing of a loved one can be an emotional and challenging time. It’s a period of reflection, grief, and transition. During such moments, our best Inheritance Lawyers in Greece stand by your side to ensure that your family’s legacy is handled with the utmost care, sensitivity, and expertise. With a commitment to excellence and years of experience, we are your trusted partner in navigating the complexities of inheritance law. If you have a case of inheritance you can have the right answers and get legal advice from our expert lawyers in Inheritance & Real Estate in Athens, Greece.

As the best Inheritance lawyers in Greece, of Economou & Economou law office in Athens, we are aware of complex inheritance problems arising when for example a Greek national dies in Germany and leaves behind a Greek spouse, two adult children living in France and Germany, assets in Germany and Greece, and bank accounts in a non-EU nation, the heirs realize that the legal and tax matters need to be handled by a specialized law firm.

Clients are freed of the laborious duty of corresponding with governmental services in Greece and overseas by entrusting Economou & Economou law office with the procedure of accepting the inheritance and managing the associated tax affairs. We guarantee that the inheritance is handled by highly qualified inheritance attorneys in the most effective way possible. Additionally, we promise that the bequeather obtains all applicable tax exemptions and reliefs. Ensures that any inheritance disputes are resolved in a way that eliminates the need for future asset adjustments and reclassifications, preventing needless and expensive conveyances.

To maximize tax exemptions and lessen the financial burden on inheritors, Economou & Economou law office always advises that succession be planned by the bequeathers while they are still alive. In order to do this, we provide guidance on any necessary actions, such as:

contributions made in vivo

gifts from parents

Transfer of ownership

Transfer of rights (occupation, usufruct, bare ownership), on which we collaborate with our notarial office and affiliated tax consulting.

• There are millions of forgotten funds waiting to be claimed. Could you have inherited more than you realize? 
• How to recover unclaimed inheritance money?
• What are the inheritance rules in Greece?
• Who inherits under the Greek law 
• How much is inheritance tax in Greece?
• How to find missing heirs in Greece?
• How to find a will in Greece?
• Is a handwritten will legal in Greece?
   

Under Greek law without a will(intestate succession), there are six ranks which are used to determine who is called upon to inherit the estate 

1. First: The descendants of the testator (Children)
2. Second: Children and grandchildren
3. Third: Grandfathers and grandmothers
4. Forth: Great-Grandfathers and Great-Grandmothers
5. Fifth If no relatives in the first four ranks, only the surviving spouse
6. Sixth: The State.

The descendants of the testator are called upon to join the first rank, in other words the first rank consists of the children of the deceased who are called upon to either accept or renounce the inheritance. Children inherit in equal portions, in other words they each receive the same percentage.

Extremely Caution must be given in case of Taxpayers who, along with real estate or movable assets, inherit the debts of those who have died are at risk of getting into trouble with the State. Debts to the Tax Office or the municipalities are not written off but are “passed on” to the descendants. In fact, there are not a few cases where the heirs are unaware that their relative did not leave a will, as a result of which they miss the deadline to renounce the inheritance and are burdened with the debts of the heir

• So in which timeframe can the heir renounce the inheritance?
• If the heir is resident abroad, how long can he renounce the inheritance?
• How is the disclaimer of inheritance done and in which court?
• What are the consequences if the opt-out period expires?
• What applies to minor children and how can they renounce the inheritance?

For more info, please click the link here

Click here, if you want to find more about the legal procedure of Inheritance acceptance in Greece

Contact Economou & Economou law office in Greece at econlaw@live.com or call us at (+30) 2103603824 to help you determine your inheritance status. If you have any further questions in case you have some missing heir that you want to investigate or search to recover unclaimed inheritance money.