Renouncing a Greek inheritance with debts — what to know
Last updated: July 2026 · Ελληνικά
If the estate's debts exceed the assets, renouncing lets you avoid becoming an heir — and avoid taking on the debts. But it is strictly time-limited and has an important trap: it rolls down to the next in line.
How and where it's done
Renunciation is made by a declaration at the Magistrates' Court of the deceased's last place of residence, within the deadline. Doing 'nothing' isn't enough — letting the deadline lapse counts as acceptance.
Renunciation rolls down to the next heirs
When you renounce, the estate (with its debts) passes to the next in line — e.g. your children, even if they are minors. That's why, in over-indebted estates, all successive heirs often renounce, in the right order and within the right deadlines.
Frequently asked questions
If I renounce, am I definitely free of the debts?
A valid, timely renunciation removes you from the position of heir. But it must be done correctly and within the deadline, and beware that the debts pass to the next in line — which is why it's done with a lawyer.
Do the debts pass to my children?
Yes, the estate rolls down to the next in line, which may be your children. If they are minors, renouncing on their behalf requires a special procedure — see the related article.
How long do I have?
As a rule 4 months from learning of the succession (or the will's publication), and 1 year if you live abroad. Confirm immediately with a lawyer.
Procedures and details may change — confirm the steps with the responsible authority. This guide provides practical guidance, not legal advice.
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