Three reasons for making a will in Spain:
It´s easier for your inheritors
Having a Spanish will makes the process smoother and quicker and your inheritors will be better prepared for what they should do
Reduce inheritance tax to a minimum
With professional advice you can make sure that there is as little inheritance tax to pay as possible
Make sure inheritors get the benefit
You´ve worked hard for your possessions and you want to make sure that they go to those you care about
A Spanish will can save your relatives time and money. Knowing more about Spanish inheritance tax means that you can plan more knowledgably how to leave your inheritance.
Making a will in Spain means that there will be no need for your benefactors to get an interpreter or have your will authenticated. This makes the process quicker and simpler for all concerned – An important factor at this difficult time. At Albir Abogados we can give you the advice you need to make a Spanish will work for you and your family.
A new EU law has implications for those living permanently in another country. The Regulation EU 650/2012 states:
“EU citizens habitually residing in Spain (residents) will be subject to the Spanish succession law, despite their nationality, unless they specifically state in their will the wish for the succession law of their country of origin to apply”.
The new law applies from August 17th 2015, but is already causing concern in international communities.
People who have perhaps not heard about Spanish succession law before are now wondering what it is and how it might affect their inheritance plans.
Spanish succession law is very different to the inheritance laws in the UK, Norway, Denmark, etc… In the UK, for example, you can leave your property to however you wish. If you don´t make a will your property goes to your next of kin.
In Spain there is more external control over who inherits your belongings and we operate a system of “forced heirs”.
We recommend that if you wish that your possessions are divided between your heirs according to your wishes, you should check your Spanish will and if necessary make a new one. Do not hesitate to contact our team of lawyers. They will be glad to help you.
The will should clearly state which inheritance law you wish to be applied to your will and contain the necessary clauses to execute it in that way.
Leaving a Spanish will can help inheritors at the time they need it most.
Our specialists are ready to help you.
Key Features included in our service: