Successfully Assisting Mr. Ahmed in Accessing His Inheritance Through Expert Legal Guidance
Client Background:
We were approached by a client referred to as Mr. Ahmed, of Arabic origin, whose mother was Turkish.
Following the unfortunate passing of his relative, Mr. Ahmed found himself in need of legal assistance to navigate the complexities of withdrawing inherited funds from various bank accounts in Turkey.
Due to our commitment to confidentiality under the Attorneyship Confidentiality Law, we cannot disclose his actual name or any specific details.
Initial Contact:
Mr. Ahmed learned about our law firm, Bayraktar Attorneys, through a referral from a mutual contact who highlighted our expertise in international law and our dedication to assisting foreign clients in Turkey.
After reaching out to us via email, he expressed his concerns about the process of accessing his inheritance, which included approximately 1.8 million USD in bank funds and real estate valued at 3.7 million USD.
Understanding Client Needs:
Upon meeting with Mr. Ahmed, we listened carefully to his situation and explained the legal framework governing inheritance in Turkey, particularly Article 599/1 of the Turkish Civil Code.
We emphasized that, as per Turkish law, the inheritance is automatically transferred to the heirs without requiring action, yet specific procedures must be followed to access the funds.
Proposed Solution:
Our team outlined the necessary steps for Mr. Ahmed to withdraw the inherited money from the bank, which involved cooperation with all other heirs. We detailed the following steps:
1. Obtaining a Certificate of Inheritance (Veraset Belgesi): We guided Mr. Ahmed in acquiring this certificate from a notary public or the Civil Court of Peace.
2. Visiting the Bank: We arranged for Mr. Ahmed to meet with the bank to obtain a “no inheritance relationship” letter, confirming his eligibility to act on behalf of the estate.
3. Filing a Tax Declaration: With our assistance, Mr. Ahmed completed the inheritance and transfer tax declaration at the tax office, ensuring all necessary documentation was in order.
4. Payment of Inheritance Tax: We ensured that the tax was paid, and a receipt was obtained, confirming the payment.
5. Withdrawal of Funds: Once all documentation was in place, we helped Mr. Ahmed and the other heirs withdraw their respective shares of the inherited funds from the bank.
Problem Resolution:
Throughout this process, our legal team provided Mr. Ahmed with continuous support and guidance, ensuring that all steps were executed efficiently.
We addressed any potential disputes among heirs proactively, emphasizing the importance of collaboration to expedite the withdrawal of funds.
In the case of disagreements or delays, we prepared Mr. Ahmed to file a “lawsuit for the dissolution of the inheritance partnership” if necessary.
Fortunately, with our intervention and mediation, we were able to avoid legal action, leading to a smooth withdrawal process.
Outcome:
Ultimately, Mr. Ahmed successfully withdrew his share of the inherited money and assets, amounting to a significant total of 1.8 million USD from the bank and 3.7 million USD in real estate.
He expressed his gratitude for our comprehensive support, which allowed him to navigate this complex legal process seamlessly.
At Bayraktar Attorneys, we pride ourselves on our ability to assist clients like Mr. Ahmed, providing tailored legal services to foreign clients dealing with inheritance issues in Turkey.
If you are facing a similar situation, do not hesitate to contact us today to discuss how we can help you through every step of the process.
