In our office, legal consultancy and advocacy services are provided in line with the regulation of wills, inheritance contracts, and maintenance contracts until death, as well as many cases such as smuggling from inheritance, decedent due to inheritance, protectionof the inheritance and denial.
The inheritance law regulates who will be entitled to the deceased’s estate and the rules for the division and sharing of this estate among the heirs.
The Principle of The Inheritance Law in Türkiye:
Movable property is subject to the inheritance law of the nation of the deceased’s citizenship, whilst real estate and immovable property of the deceased are subject to Turkish law.
Who Are the Heirs Under Turkish Inheritance Law?
In the absence of a testament, the estate is divided among the heirs as follows:
- The first statutory heirs are the children and surviving spouse of the deceased.
- In the absence of children and spouse, the parents of the deceased are the statutory heirs.
- If the parents are dead, the grandparents of the deceased and their children are the statutory heirs.
- If the deceased leaves no surviving heirs, the estate becomes the property of the State.
Inheritance Tax in Türkiye
When funds of the deceased are inherited or transferred within the borders of the Republic of Türkiye, foreigners are subject to inheritance and transfer taxes.
Depending on the location of the property and the heir’s residency status, the inheritance tax rate varies from 1% to 30 % and the tax must be paid within three years.
If the deceased’s estate includes immovable property in Türkiye, Turkish law is followed in respect of real estate and immovable property. Whereas movable assets of deceased’s are subject to the deceased’s national law.