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HOW TO EXECUTE A SWISS TESTAMENT IN SPAIN

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In order to execute a Swiss Testament in Spain,  you need to present the Testament to a Swiss notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the Act of the Succession and the Declaration of Heirs. To appointing you as legal inheritor of the deceased’s assets […]

HOW TO EXECUTE A DUTCH TESTAMENT IN SPAIN

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In order to execute a Dutch Testament in Spain,  you need to present the Testament to a Holland notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the Act of the Succession and the Declaration of Heirs. To appointing you as legal inheritor of the deceased’s assets […]

HOW TO EXECUTE AN USA TESTAMENT IN SPAIN

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In order to execute an USA Testament in Spain,  you need to present the Testament to a USA notary in order to: Confirm that it was the last Testament made by the deceased, and obtain the USA GRANT OF PROBATE To appointing you as legal inheritor of the deceased’s assets Then, the notarial documents from […]

HOW TO EXECUTE A GERMAN TESTAMENT IN SPAIN

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In order to execute a German Testament in Spain,  you need to present the Testament to a German notary in order to: Confirm that it was the last Testament made by the deceased To appointing you as legal inheritor from the decesased’s assets Then, the notarial documents from the notary must be: Apostilled with the […]

EXAMPLE OF DIFFERENT WAYS TO BUY A PROPERTY IN SPAIN TO REDUCE INHERITANCE TAX

BRIEF EXPLANATION ON DIFFERENT WAYS TO BUY THE PROPERTY PRICE OF ACQUISITION:827.000 EUR  / VAT : 82.700 EUR (10% on the price – it’s a NEW building) A+B are a married couple with two sons “I” and “II”. A+B want to buy a NEW BUILDING in Malaga, and, before buying, they consult our company in […]

How to demonstrate you are resident in Spain for Spanish IHT reductions?

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Subject: Inheritance Tax Query: I have just read a reply on your site & commented on it your advice (good) . Can you just tell me please, my husband & I own a property 50/50 I think in the current climate it would not achieve more than 200-225 thousand euros . My understanding is that […]

SOME CONSIDERATIONS ABOUT TREATMENT AND RECOGNITION OF TRUST IN SPAIN

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We can define the Trust as an agreement by virtue of which its constituent (“Settlor”) provides for on life or on decease (“mortis causa”), the creation of a separate fund (trust), for assignment to a fiduciary (trustee) to be administered in accordance with determinate instructions received in favor of a beneficiary or a group of […]

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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