KLADIS & KLADIS Law Office — Tax Law
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Taxation 04 · Practice Areas

Inheritance, Gift & Parental Grant Tax

L. 2961/2001 — filings · exemptions · valuation

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The tax treatment of transferring wealth between generations: inheritances, gifts and parental grants — planning and disputes.

Typical cases

  • Heirs facing filing deadlines and valuation issues
  • Parental grants & gifts using the €800,000 tax-free threshold
  • First-residence exemption in inheritance or parental grant
  • Estates with bank deposits, shares or foreign assets

The process, step by step

  1. Mapping the estate
    Real property, deposits, securities, foreign assets — and who inherits what.
  2. Planning the transfer
    Sequence and form of transactions to use thresholds and exemptions.
  3. Filings & valuation
    Timely returns, objective values, challenging excessive valuations.
  4. Disputes
    Administrative and judicial challenge of inheritance/gift tax assessments.

Frequently asked questions

How much is the parental grant tax-free threshold?

€800,000 per parent and child for category A (bank-transferred money or assets). (Mockup placeholder text.)

What is the inheritance tax filing deadline?

As a rule nine months from death (twelve for residents abroad); late filing carries penalties. (Mockup placeholder text.)

Cash handed directly to a child — is it taxed?

Informal cash gifts outside the banking system are taxed autonomously with no threshold — the method matters. (Mockup placeholder text.)