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If any property/vehicle in Turkey is owned or any money deposited in the bank by the deceased person, the legal inheritors should apply to court to request their legal shares to be transferred to them.
Inheritance Law in Turkey
Turkish Law Centre is specialized at Turkish Inheritance Law in Turkey and their team is ready to give their professional service for foreign inheritors in Turkey.
Turkish Inheritance Law’s aim is to protect the rights of the inheritor(s) by determining their legal shares and benefits on the properties,vehicles as well as the deposited money at the bank.
The property,vehicle and the money at the bank are divided in accordance with inheritance law in Turkey as fallows:
-If the deceased person is legally married in his/her own country ,25% of all goods will be transferred to the alive husband or wife.
-The rest 75 % is getting divided into equal shares between his/her children.
-If the deceased person does not have any children,his or her parents are considered to deceased person’s heirs.(father and mother)
-If the deceased’s parents are not alive, his brothers/sisters come directly into the succession sequence.
Inheritance Tax in Turkey
The person(s) who is inheriting in Turkey is obligated to Inheritance Tax in Turkey.The inheritance tax is based on the location and the value of the property as well as the deposited amount in the bank.
For any further enquiries please contact us.
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