Etiket: investment

Inheritance is not only a private-law issue in Turkey. It is also a tax-law issue. When assets pass on death, or when property is transferred without consideration in a way that falls within the scope of the Turkish inheritance and transfer tax regime, the tax consequences can become just as important as the succession rules […]
Disinheritance is one of the most misunderstood concepts in inheritance law. Many people assume that a parent, spouse, or other testator can freely remove any family member from the estate simply by writing a will. Under Turkish inheritance law, that is not generally correct. Turkish law recognizes testamentary freedom, but it places clear statutory limits […]
A will is one of the most important estate-planning tools in Turkish law, but it is also one of the most misunderstood. Many people assume that writing down last wishes is enough, that a typed document signed at the bottom will automatically be enforced, or that a later family explanation can cure formal defects. Under […]
Reserved shares, known in Turkish law as saklı pay, are one of the most important limits on testamentary freedom. In simple terms, Turkish inheritance law does not allow a person to dispose of the entire estate freely when certain close relatives survive. If the deceased leaves descendants, parents, or a surviving spouse, the Turkish Civil […]
When a person dies in Turkey, the distribution of the estate does not depend on informal family understandings or on whoever takes possession of the assets first. It is governed by the Turkish Civil Code, which sets out a structured system for identifying heirs, calculating their shares, protecting reserved portions, dealing with debts, and dividing […]
Inheritance disputes often begin with one deceptively simple question: who is legally entitled to inherit? Under Turkish law, the answer is not based on family assumptions, emotional closeness, or private expectations. It is based on a statutory hierarchy set out in the Turkish Civil Code. That hierarchy determines which relatives inherit first, how the surviving […]
Inheritance is one of the most sensitive areas of private law because it affects family relationships, property ownership, business continuity, and financial liability all at once. In Turkey, inheritance matters are mainly governed by the Turkish Civil Code, while international estates may also trigger the Act on International Private and Procedural Law and tax obligations […]
Crew wage claims and seafarer rights under maritime law are among the most important issues in the global shipping industry because unpaid wages are rarely just a payroll dispute. When a seafarer is not paid, the problem often sits alongside repatriation risk, onboard welfare issues, abandonment, medical-care concerns, and possible detention or intervention by flag-State […]
In shipping disputes, one of the most commercially important questions is not whether a claim exists, but where that claim sits in the payment queue. If a vessel is arrested, sold by court order, or otherwise turned into a fund for creditors, the central issue becomes priority: who gets paid first, who gets paid later, […]
General average in shipping is one of the oldest doctrines in maritime law, but it remains highly relevant in modern international trade. When a vessel and its cargo face a common peril, the law may require all property interests involved in the voyage to share certain extraordinary losses or expenses that were intentionally and reasonably […]
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