Asset transfer process in Lebanon Tag

Probates, Inheritance, and Asset transfer process in Lebanon.

The following is a summary of the procedures to be followed to issue a Probate Decision in Lebanon to determine the inheritance and complete the asset transfer transactions before the Ministry of Finance (MOF), whether by the heirs of a Lebanese citizen or a foreign national residing in Lebanon or abroad. First: Defining the Asset Transfer Fee (Transfer Fee) A Transfer Fee is imposed on all movable and immovable assets and funds that constitute the Estate. The Transfer Fee includes: (a) All movable and...