Executor of a Will in Cyprus: Who is this person and why the role is important?

When drafting a Will in Cyprus, one of the key roles is that of the Executor—the person responsible for ensuring that the wishes of the deceased are carried out. Usually, duties of the Executor go far beyond simple administrative tasks.

What are responsibilities of the Executor?

Below are some of the key responsibilities an Executor may undertake. However, it is important to note that for certain tasks, an executor may engage professional specialists (such as lawyers, appraisers, etc.) to ensure proper execution.

• Registering the Will and initiating the probate process in court.
• Valuing and distributing assets in compliance with Cypriot inheritance law, including mandatory inheritance shares.
• Settling the deceased’s financial obligations—paying taxes, debts, and administrative expenses.
• Properly transferring ownership rights—without this, heirs may face legal issues in managing inherited assets.

Importance of your choice: choosing an Executor.

Mistakes in estate administration can lead to asset freezes and prolonged legal disputes. Experts at Main Partner Trust note that most clients choose either a responsible family member or a professional lawyer as their Executor to ensure a smooth and legally compliant process.

Choosing the right executor is crucial—your heirs’ peace of mind depends on it.

Note: The content of this article is relevant at the time of its first publication. It is intended to provide general information on the topic and does not constitute legal advice. We recommend seeking professional advice regarding your specific matter before taking action based on the information presented. For more information or consultation, please contact our tax experts by email at contact@mainpartnertrust.com

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