Wills And Succession

The Republic of Cyprus provides the opportunity for individuals to distribute their estate upon their death by drafting a will. In the event that a deceased person did not prepare a will during his/her lifetime, the estate will be distributed in line with the Cyprus Wills and Succession Law (Cap.195). The provisions of the law regulate the succession of the estate of physical persons and residents of the Republic but also, the succession of real estate of physical persons and non-residents of the Republic of Cyprus.

In order for a will to be valid, it must be drafted by an adult person of sound mind with the legal capacity to sign. The law further provides that it must be signed by the testator in the presence of two or more witnesses. 

Our firm further handles the process of administering an estate. This includes establishing the personal representative’s right to deal with the estate (also known as “Grant of Probate” or “Grant of letters of administration”), dealing with the administration of the estate of the deceased, winding up deceased’s estate, settling all applicable taxes and distributing the estate to the beneficiaries.