|
|
|
|
|
|
Hi, please could you tell me what happens if a Turkish person is in debt when he dies. My father-in-law, who is Turkish, recently died there, in debt to the government and banks. His only asset, a workshop, will not cover all the debts and his wife and children do not work and have no assets (one is a student, the other a housewife). Do his debts transfer to his surviving relatives or are they wiped out? And what should our next steps be? I would be extremely grateful for any help on this.
|
|
 |
|
 |
|
According to Turkish inheritance law; an inheritor doesn't have to be liable of the debts of his/her testators as long as he/she disclaims/relinguishes his/her inheritance rights in the court within 3 months from the death of the testator.
I hope this helps,
Best wishes.