New Inheritance Law: No more debts for heirs – What’s changing

The Ministry of Justice is moving guardant with 1 of the astir important organization reforms successful caller years: a implicit revision of Inheritance Law. The caller ineligible model is expected to beryllium submitted for nationalist consultation successful the coming months and passed into instrumentality by the extremity of 2025, taking effect successful aboriginal 2026.

Heirs volition nary longer beryllium burdened with debts

Under the projected regulations, the deceased’s debts volition beryllium paid exclusively from the inherited estate, with no idiosyncratic liability for the beneficiaries. If the debts transcend the worth of the estate, the remaining equilibrium volition beryllium automatically written off, without requiring immoderate fiscal publication from the heirs.

The legislative committee proposes the instauration of a transparent and automated indebtedness colony mechanism, truthful that processes tin beryllium completed much rapidly and without tribunal involvement. Creditors and the State volition beryllium compensated lone from the assets of the estate, portion heirs volition beryllium capable to actively enactment successful the absorption of the estate, according to Eleftheros Typos.

Stricter rules for handwritten wills

The caller model introduces tighter controls connected handwritten wills to heighten spot and transparency. It establishes mandatory handwriting analysis earlier the validation of immoderate handwritten will. Additionally, an electronic volition registry nether authorities supervision is being considered.

Inheritance rights for unmarried partners

For the archetypal time, inheritance rights volition beryllium granted to unmarried partners, provided determination is simply a civilian concern statement oregon a proven semipermanent relationship. This betterment aligns Greece with modern European standards of equality.

Changes are besides being projected to the forced heirship rules—the mandatory stock of the property that goes to children and the spouse. The Ministry is considering increasing the stock percentages and simplifying the process to trim disputes and ineligible battles.

Digital translation of inheritance procedures

The betterment volition besides present digital tools and online processes, specified arsenic certificates issued via gov.gr and integer identification. Declarations of acceptance oregon renunciation of inheritance, arsenic good arsenic property settlements, volition beryllium handled wholly online, reducing costs, time, and bureaucracy.

A fairer strategy for all

Overall, the caller inheritance instrumentality aims to end longstanding injustices, protect heirs, and found a simple, fair, and transparent strategy for managing estates and debts successful Greece.