Etiket: investment

Introduction Just cause termination by the employer under Turkish labor law is one of the most consequential dismissal mechanisms in the entire employment system. Under Article 25 of Labor Law No. 4857, an employer may terminate an employment contract immediately, before the end of the term or without waiting for the ordinary notice periods, when […]
When people think about inheritance in Turkey, they often think first of apartments, land, or family homes. In practice, however, many estates are built just as much around bank accounts, company shares, securities, vehicles, jewelry, and other movable assets. These assets are often easier to hide, quicker to move, and harder to divide than real […]
Immovable property is often the most valuable and the most disputed part of an estate. In Turkey, that means apartments, houses, villas, offices, shops, land parcels, fields, and other registered real estate. When the owner dies, these assets do not pass through an informal family arrangement. They pass under the rules of the Turkish Civil […]
Cross-border succession in Turkey is rarely just a family matter. It is a legal puzzle involving at least four separate questions: who the heirs are, which law governs the estate, which Turkish procedures must be completed for assets in Turkey, and what tax obligations arise after death. These questions become especially important when the deceased […]
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 […]
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