Ukrainian citizens may be prohibited from renouncing their inheritance if the deceased had debts to creditors. This is provided for by draft law No. 11220, which was introduced to the Verkhovna Rada by People's Deputy Oleksandr Lukashev from the "Restoration of Ukraine" party. According to this draft law, renouncing inherited property will be possible only after paying all debts within the value of the inheritance.
The purpose of this bill is to protect the interests of creditors from possible losses. The explanatory note to the bill notes that often heirs, by renouncing inherited property, try to avoid paying debts to creditors, violating the principles of honesty and good faith.
According to Article 1268 of the Civil Code of Ukraine, if a relative of the testator permanently resided with him at the time of opening the inheritance and did not declare a waiver of the inheritance, he is automatically considered an heir. In this case, he is obliged to pay all the debts of the testator.
To pay off debts, it is necessary to block the deceased's bank cards and provide a death certificate. After that, the heir will be obliged to pay only the amount of the debt, without interest.
