Ali's Blogs

Why You Should Be Concerned About NOT Having a WILL

10th May 2016

Last Will and Testament - What is YellAli Concerned About ?


Will concerns from YellAli -  Ok so today’s topic isn’t the happiest of topics and it’s not the most cheery to discuss, but it’s oh-so-important. SO important. Writing your last will and testament in Turkey.



If you’re under the age of 40 or if you’re single or unmarried, or if you have a Will in your own country, you may be wondering: “Why do I need to write a last will and testament? I’m young! I’m single! I don’t have kids!, I have a Will in the UK” etc. etc. etc. Well, much like the importance of having insurance, writing a last will and testament is up there, too.



It doesn’t have to be super involved and it doesn’t have to be super detailed, but you need one. 



Enough rambling, here are three reasons, why you need to write a last will and testament in Turkey: 




1. To make a difficult time a little less difficult



Yeah, this is the part you can’t avoid… you’re writing your last will and testament because, well, one day you will die and you’ll be leaving behind your assets, your stuff, and your loved ones will be the ones to deal with it.



This is a tough time… a REALLY tough time for your friends and family. You don’t want to have to make the tough time that much tougher by allowing your assets to be distributed by the Turkish Courts.
 
Got property? Do you want 100% of your assets to go to your wife after your death? Got money? What do you want done with that money after you die?


A last will and testament outlines all these things – Otherwise it will pass to Turkish Inheritance Law




2. You’re protecting yourself and your loved ones



This is especially important if you are married, have children, a business, or have a lot of personal assets… you are protecting those things and making sure your wishes are met after your passing.



Things like funeral, distribution of assets (this can even include personal stuff like photos, videos, documents, etc.) who gets your business (if you own one), etc. can all be outlined so the Turkish state don’t have to decide for you.



Again, not the most fun thing to think about or talk about, but so, so important.



You do NOT want to leave it up to the courts to decide what goes where and who gets what. 





3. Property & Bank Accounts



We outlined this as a separate one because, well, if you have property, this is so important.



If you died without a Will, the property or properties would be divided like so;
 
Depending on your marital status, if you are married then your partner retains their 50% and the remainder is equally divided amongst your children if you have any.

If you have not born any children then the remainder goes to your remaining blood relatives. Yes…. I think you read correctly, your partner could be forced to sell the property in order for your blood relatives to claim their shares.

We know that this is not a fun topic to think about, but the truth is, you NEVER know when something could happen.

Life is a blessing and not a guarantee. Being prepared for anything just makes sure that those you love most in this world are also taken care of.

Is this something you’ve even thought about ? Get in TOUCH for legal support and let's discuss your Will -



YellAli +90 252 612 6510 (Mugla) +90 212 340 7685 (istanbul)



Your Last Will & Testament can be created easily in Turkey.  There are different ways to get it done and we can assist you with this Legal process. Call us to discuss your options.


 


If you'd like assistance with drafting your last Will and Testament » CONTACT YELLALI or email info@yellali.com


 


 


 




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Comments (1)

philips

30th August 2016 I agree that it is important to draw up a will. However, I was astounded by how much Turkish solicitors charge for a very simple straight forward will.


Comment from Admin YellAli - We agree other lawyers can be expensive, However YellAli's service for the Will process is very reasonably priced. Please do contact us to discuss this further info@yellali.com


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