Wills in Cyprus

[Chaddy]

Oh dear,were getting to the age now where that meeting with the grim reaper is approaching ever so close.
Were needing a will writer who can also advise on what we can do with our humble funds and assets on our demise.I ask this because ( and i,m sure its common ) that their are/is someone who thinks they they are in line for something when we/i pop our clogs who we/i dont want to get nowt.
Any recommendations.

[71 Trans Am]

https://www.maplebrookservices.com/

[Devil]

The surest way is to hire the services of a lawyer specialising in the subject. In this country, the subject is a can of worms. If it's a question of property, the safest way is to get a lawyer to draw up a deed of gift to whomsoever you wish to leave it while adding that you remain in it for your lifetime including that of your partner, as well. This avoids the problems of probate, which can last several years after your decease.

[Mike1940]

Just a little information for you. We reside in the UK and have a place in Cyprus. We have made a Cypriot will and it is registered at the Pathos Courthouse. One bit of info for you, if you also have a will in the UK then make sure the Cypriot will is made and dealt with under UK Law as I understand it, the Cypriot will will also include the UK one and if your property in the UK is worth more then you may have a few problems.
Hope this helps a little.

[Mark]

Wife and I made mirror wills with a local Lawyer, we are permanent residents.

Once written we insisted it was lodged at the courthouse, ( cost very little) the Solicitor was not happy, as she is not guaranteed future possible exorbitant fees, but had to comply with our wishes.

When the inevitable happens, the survivor can settle most of our affairs, and negotiate a fee with any lawyer to conclude probate.

My advice is do not let your Lawyer store your will, as the fees may be fixed at a high rate.

[kansas]

....and do not let your lawyer be your executor.

With regard to drawing up a deed of gift to whomsoever you wish to leave your property to, and ensuring that you/you partner remain in it for your lifetime, I would also ensure that you are able to sell the property should you require funds, e.g. full-time care/care home.

[Firefly]

Just one more thing, don't make your solicitor your executor. There have been reports in the past, that the solicitor has spent a lot of the deceased money, when acting in that capacity.

[Devil]

With regard to drawing up a deed of gift to whomsoever you wish to leave your property to, and ensuring that you/you partner remain in it for your lifetime, I would also ensure that you are able to sell the property should you require funds, e.g. full-time care/care home.

Sorry! I don't think that would work. A deed of gift is just that – you give the property away before you die and you therefore have no rights to sell it. If the worst came to the worst, you could ask the legatees for help but whether they give it or not would be their choice, not yours. Don't forget that the title of your property will no longer be inscribed in your name in the land registry. It will be in the names of your legatees. You remain just as a sitting tenant.

[kansas]

That's odd, Devil, as one of our acquaintances has had a clause inserted to this effect.

[daveg]

Put the property into a trust......no probate required,it just passes to the surviving partner, when he/ she passes, the property then goes to nominated persons where it will be sold , if that's what was stated in the trust...Then proceeds divided to those persons...
Again no probate required...

[Chaddy]

Thanks to all who have replied to my posting about wills.Were now on it (before we have to knock on those pearly gates).