My wife and I until fairly recently owned a property in Cyprus and in order to fully protect our then assets we had a Cyprus will created by our solicitor in Cyprus. We are UK residents and have a UK will protecting our UK assets.
The only assets we have left in Cyprus are small amounts of cash in bank account(s), which we intend to deal with at a later date.
For peace of mind purposes only am I correct to assume that the Cyprus will only has jurisdiction within the Republic of Cyprus only and vice versa UK will, and in the event of death, neither solicitors or authorities within either jurisdiction can only have claim on the wills made in their respective countries?
I know that a lot of rumours and half truths circulate these days, but I need clarification on this because I do remember reading or hearing at some point in the not too distant past that Cyprus solicitors and/or authorities can have a claim on UK assets if a UK citizen has an existing will in Cyprus, and even possibly vice versa.
I appreciate that this may well be completely untrue, but for peace of mind I would be very grateful for a response, thank you!
Thanks for the replies and advice. The will wording does state that the will deals only with any property in Cyprus, and does not revoke any will previously made in the UK, so that should mean that the two wills and the UK assets and remaining Cyprus assets are entirely separate entities, which fully answers my query.
We do intend to close the accounts in Cyprus at some point in the future, we just needed some advice regarding this matter in the meantime.
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