INHERITANCE AGREEMENT
INHERITANCE AGREEMENT
DATE: [Date]
PARTIES:
- Deceased: [Name and Surname] – Turkish Republic Identity Number: [TCKN] – Address: [Address]
- Heir: [Name and Surname] – Turkish Republic Identity Number: [TCKN] – Address: [Address]
- Heir: [Name and Surname] – Turkish Republic Identity Number: [TCKN] – Address: [Address]
SUBJECT: The subject of this agreement is to determine the terms regarding the distribution of the inheritance among the heirs after the death of [Deceased's Name and Surname]
ARTICLE 1 – SCOPE OF INHERITANCE
The assets to be divided among the heirs after the death of the testator are as follows:
- Real estate:
- [Province – District – Block / Parcel No – Title Deed Record]
- [Province – District – Block / Parcel No – Title Deed Record]
- Bank Deposits:
- [Bank Name – Branch – Account Number – Amount]
- Movable Property and Valuables:
- [Vehicles, jewelry, works of art, etc.]
- Company Shares and Other Rights:
- [Company Name – Share Percentage]
ARTICLE 2 – DISTRIBUTION OF INHERITANCE
The parties agree and undertake to divide the inheritance in the following manner:
- [Heir Name] will receive [Name of Immovable Property / Bank Account / Property].
- [Heir Name] will receive [Name of Immovable Property / Bank Account / Property].
- [Heir Name] will renounce their inheritance in exchange for [Amount] TL.
ARTICLE 3 – WAIVER AND RELEASE
The parties agree that the distribution made under this agreement is equitable. Following the distribution of the inheritance in accordance with this agreement, the parties agree and declare that they will not make any claims or demands against each other
ARTICLE 4 – TERMINATION OF THE INHERITANCE AGREEMENT
- While the testator is alive, this contract may be terminated by mutual consent of the parties before a notary public
- The testator does not have the right to terminate the contract unilaterally.
ARTICLE 5 – RESOLUTION OF DISPUTES
Any disputes that may arise between the parties shall first be resolved amicably; otherwise, the [Competent Court] Courts shall have jurisdiction.
ARTICLE 6 – ENTRY INTO FORCE AND SIGNATURES
This agreement has been drawn up and signed in duplicate before a notary public , with the free will of the parties
Note: A testamentary agreement is a formal contract requiring notarization to be valid .
SIGNATURES:
of the Deceased
: [Deceased]
Signature: ___________
Heir 1
Name and Surname: [Heir Name]
Signature: ___________
Heir 2
Name and Surname: [Heir Name]
Signature: ___________
Witnesses:
Name and Surname: [Witness 1] – Signature: ______
Name and Surname: [Witness 2] – Signature: ______
Notary Approval:
[Notary Name and Stamp]