How does the right pass upon a gift?

For a movable thing — from the moment of the transfer of the property; for an immovable thing — from the moment of the registration of the ownership right in the public registry.

Who is a first-rank heir?

The children of the deceased, the child born after his death, the spouse and the parents, including adoptive parents.

May a will be drawn up through a representative?

No. The will must be drawn up by the testator in person; drawing it up through a representative is not allowed by law.

Within which period is the estate accepted?

The estate must be accepted within six months from the day of the opening of the estate.

Wealth Transfer Planning in Georgia

The Legal Routes of Wealth Transfer

Wealth transfer planning rests on the instruments of civil legislation that govern the passage of property between persons. The principal routes are transfer during a person's lifetime through a gift contract, and transfer after death — by will or by inheritance under the law. Each route carries its own formal requirements and deadlines, and the right combination determines how well your decisions are protected and how simply the procedure will unfold for the future recipients or heirs. This page explains how the Civil Code regulates gifts, the ranks of heirs by law, the drawing up of a will and the time limit for accepting an estate.