Property management in Greece and will
drafting are fundamental elements of our legal services.. In addition to simple wills, we generate sophisticated schemes for
property management in Greece including parental and inter-vivos gifts for
significant legal and other savings.
Wills in Greece
Property Management in Greece primarily refers to wills, and under Greek law,
wills can be either holographic or notarially executed/kept. In cases of
intestacy, when someone dies, without a will, succession is regulated according
to the “next-of-kin” sequence, as follows:
- Spouse and children
- Spouse, parents and siblings
- Spouse, grandparents, their children and grandchildren
- Spouse and great-grandparents
- Spouse
- The State
Children, parents and spouses may not be disinherited by virtue of a will (as
"forced share" right holders), unless for good reason, as foreseen in
the law.
Inter-vivos (parental) gifts in Greece
Property management in Greece where the parental Gift includes real estate
property is implemented through the execution of a Notarial Deed, by both
parties (parent and child) and its subsequent registration in the competent
archives of the competent Land Registry and/ or Land Registry Cadastral of the
property's location.
Conveyance of Greek real estate property through a gift, is executed through a
Notarial Deed.
Anything related to property management in Greece, including but not limited to the procedure of parental gifts for Greek properties, may be accomplished through a limited Power of Attorney to a specialized Greek Lawyer, like our Greek Law Office.
January 2020
“The content of this website do not constitute legal advice and under no circumstances should they be considered as such, until our office is retained and has reviewed the complete file of the client’s case”