Search thinkSPAIN.com for  in 
Alicante/Cast./Valencia
Andalucia
Aragon
Asturias
Balearic Islands
Basque Country
Canary Islands
Cantabria
Castilla-La Mancha
Castilla-Leon
Catalonia
Extremadura
Galicia
La Rioja
Madrid
Murcia
Navarra
Animals/Pets
Business/Economy
Clubs & Societies, Charities, Hobbies
Community/Public Services
Crime/Incidents
Culture/Art/Literature
Education & Employment
Environment/Nature
Food & Drink
Health/Beauty/Fashion
Legal & Finance
Leisure/Entertainment
Politics & People
Property/House & Garden
Religion
Sport
Technology/Science
Transport (inc Motoring)
Travel/Tourism
WEATHER
CURRENCY RATES
POSTCODES
NEWS / FEATURES
CLUBS & SOCIETIES
 
If you are a Spanish resident then you should read the Spanish Inheritance & Gift Tax section. You should also ensure you have a Last Will & Testament drawn up to distribute your estate in the event of your death.
If you are non-resident, then you should have a Last Will & Testament drawn up to distribute your Spanish assets in the event of your death.

The
Spanish Laws on Inheritance state that, on your death, your estate will be shared among the heirs as per the law of the country from which you originate, i.e. German Law for German nationality, British Law for British nationality. Most European nationalities, with the exception of the British, should therefore be warned that, as per their country’s Laws of Inheritance, the children have an automatic right to a part of the Estate on your death, even if they are not expressly mentioned in your Last Will and Testament. If, however, they do not wish to claim their legal share of the Inheritance, the children must, on your death, “renounce” their right in front of a Spanish Notary, and the estate will then be shared among whomever you may have designated in your Last Will and Testament.

British owners should also note that, although Spanish Law states that British Law applies in the event of your death, British Law then throws the ball back and states that it is the Law in the country where the asset is situated, i.e. Spain, which determines the legal heirs. Spanish Notaries, however, generally practice the application of British Laws of Inheritance in such matters.

To avoid any misunderstandings and to hasten the legal procedure after death it is, therefore, advisable for most people to prepare a Spanish Will and Testament relating to their property and assets here in Spain. This can easily be prepared for you by your Fiscal Representative (Gestor) or lawyer, who will then make an appointment at the Notary Office for you. Separate Testaments must be prepared (Spain does not accept joint Wills) and the approximate costs for the Notary are 70 Euros per Testament.

Source:
HR Consultants

See also
Duties of the Heir(s)
Residency & Tax: Spanish Inheritance & Gift Tax
Follow thinkSPAIN on
Facebook Twitter
 
 
 
 
Spanish news archive Costa Blanca news Costa del Sol news Alicante news Castellon Valencia news Barcelona news Catalonia Costa Brava news Madrid news Tenerife news Canary Islands Malaga news Marbella news Andalucia news Sevilla news Costa Almeria news Murcia news Costa Calida Aragon news Asturias news Balearic news Mallorca Menorca news Ibiza Basque news Bilbao Cantabria news Castilla La Mancha news Castilla Leon news Extremadura news Galicia news La Rioja news Navarra news Spanish Travel Tourism news Spanish Property Spain directory services Spanish A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Jobs in Spain Postcodes Spanish weather Spain History Spanish Culture Flamenco dancers Sevillanas Bullfighting bullfight bull fighting matador bullfighter Spanish Education Spain Schools Facts about Spain Clubs in Spain mortgages Spanish bank Spain banking Spanish banks Spain inheritance Spanish wills Spanish healthcare in Spain Working in Spain work Spanish employment Driving Spain cars Spanish car Spain Tax & Spanish Residency Property in Spain for Sale Spanish property to rent Spain holiday lets Spain news Spanish Properties SpainSave costa blanca 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 costa del sol 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 local news/info Spanish estate agents Off Plan property Spain | costa blanca property sales properties for sale real estate costa blanca villas | costa del sol property sales properties for sale real estate costa del sol villas | costa de la luz property sales properties for sale real estate costa de la luz villas | costa brava property sales properties for sale real estate costa brava villas | costa almeria property sales properties for sale real estate costa almeria villas | costa calida property sales properties for sale real estate costa calida villas | costa valencia property sales properties for sale real estate costa valencia villas | costa azahar property sales properties for sale real estate costa azahar villas | costa dorada property sales properties for sale real estate costa dorada villas | costa garraf property sales properties for sale real estate costa garraf villas | costa maresme property sales properties for sale real estate costa maresme villas | costa vasca property sales properties for sale real estate costa vasca villas | costa verde property sales properties for sale real estate costa verde villas | costa da morte property sales properties for sale real estate costa da morte villas
 
© 2003-2014 Think Web Content, S.L. - All rights reserved