Author Topic: Are your wills ready?  (Read 20767 times)

0 Members and 1 Guest are viewing this topic.

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #90 on: January 24, 2013, 22:26:57 PM »
Hi Loz you have got email, can you please share the answer here thank you

Offline mercury

  • Turkey
  • Prolific Member
  • *****
  • Posts: 5081
  • Age: 71
  • Location: England
Re: Are your wills ready?
« Reply #91 on: January 24, 2013, 22:37:21 PM »
Loz . We wait with baited breath..

Offline loz

  • Prolific Member
  • *****
  • Posts: 3174
  • Age: 30
  • Location: UK
  • Black Bin BAG
Re: Are your wills ready?
« Reply #92 on: January 25, 2013, 01:23:41 AM »
I have just returned home and will need to go through it again, as the English is not very clear.  but glancing at it the information has not been confirmed.  it is just relating to what was originally posted and what we already know about inheritance. no confirmation of procedures, costs or going to the tax office to register the death or pay the % of the property, I think I will need to re write it once again numbering each and every question.   


No answer either to how our friend invoked his UK Will to ensure his wishes were met. 


Another case of a lawyer saying yes make a Will but the inheritance laws of Turkey will be up held.   I will contact another lawyer requesting confirmation of cost when executing a Will in Turkey.   one day, one day.


Going to bed now and I will not lose sleep over this.

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #93 on: January 25, 2013, 09:24:13 AM »
can you please copy and paste the raw answer email from the solicitor if you dont mind without commenting.

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #94 on: January 25, 2013, 13:14:13 PM »
are you there loz? me and other members here can not wait to see the reply of solicitors.

Offline loz

  • Prolific Member
  • *****
  • Posts: 3174
  • Age: 30
  • Location: UK
  • Black Bin BAG
Re: Are your wills ready?
« Reply #95 on: January 25, 2013, 13:49:48 PM »
again I have just got back home, got a cup of coffee.
copy below.  as you can see no real answer.
My questions.
> They were advised to make a Will for their property in Turkey, this was
> drawn up accordingly, the husband bequeathed all his goods etc. to his wife
> and the wife did the same bequeathing to her husband, the cost of this was
> approx £300-£500
> Unfortunately the husband died 2 years later; the wife when ready took the
> Turkish Will to a Turkish Advukat in turkey.
>
> To cut a long story short this is an account of what happened next, it may
> be out of timeline. (cost are approx and probably more)


The Advukat informed of their Fee including that of the Sworn Translator
> 5000TL, they then took the widow to the Notary so that the law firm could
> act on her behalf.\r\nthe next step was the Judge to open the Will 600Tl
> This info was then sent to the Embassy in Izmir.



seek out a UK lawyer to swear
> Allegiance, and draw up and Affiavit, Â £500 then Certificates needed to be
> Apostile Marriage Certificate £33 Birth Certificate of both spouses
> £66 Death Certificate  £33As there are Children involved they had to be
> contacted and Affidavits drawn to confirm that they did not wish to
> inherit. UK lawyer  £250The dead partners had brothers and sisters they
> too were contacted and sworn affidavits to and the dead brother an
> Apostiled death Certificate the cost  £500This information was then put to
> Turkish court to be ratified, Â £150 The information was collected and sent
> to Izmir,
Turkey to the surviving partners property; cost 500TLnat this stage if the
> court of peace and Tapu Manager cannot agree, because the husband
> bequeathed ALL his worldly goods, everything to the wife, he did not
> mention property, it then had to go to Justice Court 500Tl they agreed
> that this should include the property; back it went to the Peace Court,
> 500TL who then a!
> greed with the ruling of the Justice Court and the Tapu Manager agreed.
> The next step to have the property in th sol name of the Wife, was to the
> Tax office to obtain a stamp of inheritance. they inspect the papers and
> the cost is 10% of the declared property price, in this case it was a
> small 2 bed apartment  £38,000, therefore the cost  £3,800 (or the Turkish
> Lira equivalent of the day). The Tax receipt is then taken to the Tapu
> office and they put the Title of the property into the name of the
> surviving Spouse. Therefore the cost (approx) is £5,500 and over 4 years
> to conclusion.I forgot to mention that the Wife was fined at the Tax
> office because she waited 6months to report the death.   The total huge, and remember that most of this money is upfront in Turkey.


The 2ndOur British
> neighbour was murdered; he did not have a Turkish Will and was
> not married. He did own property in the UK and held a UK Will. His house
> was closed for 2 years by the prosecutor, in this time a UK law firm were
> instructed by the executors of his UK Will to seek possession of the
> property even though he has a Son and Daughter, the firm eventually sent 2
> employees to Turkey along with the son and Daughter to sort through the
> moveable assets, the law firm also held POA to seize the bank account,
> transferring funds to the UK bank in line with the executors of the UK
> Will. The house was then locked up and a Turkish Lawyer to deal with the
> sale of the Villa. The property eventually sold and the proceeds went to
> the Bank in the UK for the UK estate to deal with as per instructions of
> the UK Will. The cost was very expensive as employees of the firm had to
> visit Turkey, a UK law firm and Turkish Law firm and courts involved, the
> cost was between £8,000-£10,000 and took 5 years to resolve.


No where are these facts confirmed or aknowledged, typical Lawyers, tell  you how much they want for the work we are all aware of but will not inform you of the facts.


Reply


Thank you for your enquiry with Property&Turkey.

 
First of all, I would like to make it clear that preparing a Turkish will is complicated. If you go to wrong address, everything can get messed up as you experience in your friends' cases.


 
The important thing is Turkish will needs to be prepared by a professional who knows Turkish Inheritance Law very well and who can give advice to their clients by taking into account client's personal conditions. 

 
Most of the lawyers are missing one point. Under Turkish Inheritance Law, legal heirs have hidden shares which cannot be changed by a will. In this case, the legal heir needs to waive from his/her shares in order to be excluded from the estate. This should be made under an agreement between the legal heir and legator and this agreement is subject to same requirements as will, therefore it should be notarized in a notary with two witnesses. If it is notarized in the UK, then it should be legalized at FCO in order to be valid under Turkish law.

 
Turkish will is definitely necessary for foreigners who have property in Turkey, because these properties will be dealt with under Turkish Inheritance Law if the owners pass away. Also, this property should be mentioned in the will. What we recommend to our clients is preparation of a Turkish will for their property in Turkey and preparation of an English will for their assets in the UK.

 
Furthermore, if the owner gives a Power of Attorney to someone else to sell or transfer the property, this Power of Attorney becomes valid upon the death of the owner. Even if the Grantee sells or transfers the property by using this PoA, this transaction is invalid and the heirs can sue him/her and take the property back.

 
I hope the above information is helpful. Please do not hesitate to contact me if you have any other questions.

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #96 on: January 25, 2013, 14:15:50 PM »
", this Power of Attorney becomes valid upon the death of the owner."
should be INVALID upon the death of the owner....
i think there is a typo there and i believe he has corrected the typo in the second email

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #97 on: January 25, 2013, 14:18:18 PM »
so loz, to sum up with you say turkish will is not necessary, people should just give power of attorney and if one of the spouses dies , the other spouse use the power of attorney and run away
and i say not matter how long or the costly the procedure is , you should do everything legally...


so i am asking you loz, what is the legal and cheap  alternative to wills ?

Offline loz

  • Prolific Member
  • *****
  • Posts: 3174
  • Age: 30
  • Location: UK
  • Black Bin BAG
Re: Are your wills ready?
« Reply #98 on: January 25, 2013, 14:23:02 PM »
Not to buy a property in the first place, sell it and rent,  far far too much heartache,
 Now as I messaged you in private I will write now in Public, stop hounding me, and go push your website elsewhere.


ps I have just seen your post regarding a second email.    I have no second email, so how on earth are you privvy to a personal email on your website to a lawyer?  this is very disturbing that You are informed of PRIVATE information before the person who has the email.   another reason not to use YOUR lawyer.   

Offline ytokgoz

  • Full Member
  • ***
  • Posts: 434
  • Age: 44
  • Location: Chelmsford
  • www.propertyandturkey.com
Re: Are your wills ready?
« Reply #99 on: January 25, 2013, 15:03:31 PM »
i am only guessing loz ,
also when did you messaged me on private?
it is nothing about my own website or anything else.
it is about you advicing people wrong information and advice!!! this is what i am fighting here for. you had rough time i believe and respect that, but it doesnt give you the right to advice people something totally illegal.
you have been simply advicing people something illegal. you have been totally ignoring my years of experience  and said you will ask the solicitor and you had your reply stating that how wrong you are , and now you are going to ask another solicitor.
i dont think any solicitor would agree with you.
so to sum up i recommend you to accept you were wrong and lets close this threat ,unless you can find a solicitor who advices to give power of attorney and use it illegally .

about the costs.....
yes i agree it is a long and costly process if you get involved with people with no knowledge. but it doesnt give you right to recommend somethign illegal

And regarding my solicitor and my website,  he doesnt earn any money neither i have. he replies about 4-5 emails everyday from altinkum to ankara helping people giving professional free advice. and he does it free.

i am earning no money regarding my website, if you care to read about us page you will see why i did that website. i hope and believe people had some benefits from my page and it was beneficial for them . if i didnt believe it was usefull i would not bother to design and prepare it.





Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf