Succession, as a form of universal succession to the deceased’s estate, has traditionally been based on the principle that the heir succeeds to both the assets and liabilities of the estate.
Nevertheless, the need to strike a balance between two competing interests has long been recognized: on the one hand, the security of legal transactions and the protection of the deceased’s creditors and, on the other, the protection of the heir from the risk that succession may impose a disproportionate financial burden. This need led to the development of specific mechanisms designed to limit the heir’s liability.

Against the backdrop of the extensive reforms introduced by Law 5303/2026, our latest legal snapshot, authored by Senior Associate, Ioannis Stofas, explores one of the most significant developments in Greek succession law: the new framework governing the liability of heirs for estate debts.
It provides an overview of the legislative changes, explains the enhanced safeguards available to heirs, and examines the practical implications of the reform for succession planning, estate administration and creditor protection.

Read it here.

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