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HOW EXECUTE AN INTESTACY-LETTER OF ADMINISTRATION FROM UK IN SPAIN

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 icon-question-circle QUESTION: My wife passed away on July 2012 WITH NO WILL. We only shared a house in Spain. I am British resident and Citizen. So I need a Spanish Notary to legalize UK Letters of Aministration to transfer title to me.  icon-hand-o-right TLACORP ANSWER: Dear Sir, First of all, please, accept our sincere condolences for the decease […]

IS IT OBLIGATORY TO MAKE A WILL IN SPAIN?

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There is some confusion in the market in relation when deciding to make a Will in Spain when you have Spanish assets. The majority of our clients, when buying a house in Spain, they ask us if they have to make a Will. NO. It is not obligatory. There is not any law in Spain […]

WAYS TO REDUCE SPANISH INHERITANCE TAX

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In order to explain the different ways to avoid or reduce Spanish Inheritance Tax, we will use an example: –       A+B, British and Spanish residents own a Spanish property.  They have 62 years old. They have 2 sons. Sons are not Spanish residents. –       Both have made a “mirror Will” (A leaves everything to B, […]

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