Well, with some exceptions of specific and minority cases, it's not a good idea at all. This advice is heard on more than one occasion and almost always as a suggestion of foreign lawyers who do not have enough preparation to address the issue and its legal consequences in...
(Note: Review of August 14, 2019) The Inheritance tax is a state tax, in this case transferred to the Autonomous Community (AC) of Andalusia. Therefore, as a first condition for the application of the rules indicated below, the circumstances of residence of the deceased or heirs should be given in addition...
The inheritance shall be subject to the Spanish legal system, so that two-thirds of the inheritance will be attributed to his descendants, one of them necessarily divided between the sons/daughters equally and without any charge; and another with the possibility of being freely distributed by...
You are on the top of the hill…still enjoying your recent slice shot on 18th hole. You are sure it was your cutest banana ball and you told others it was intentional when the ball landed on the green. And now you see a rewarding view of...
Yes, you can, since the rule in Spain is that the law applicable is the one corresponding to your nationality at the time of the decease whatever the nature or location of the assets is. Furthermore, if the Will included terms and clauses in accordance...
The answer is no in what refers to the relevant and substantial legal aspects of the Probate. The Spanish Civil Code (Código Civil) indicates that the national Law of each person at the time of their death will be the one legally governing their inheritance....
(From a recent binding official reply to a formal consultation made to the Spanish Central Tax Office) The legal arrangement of the Trust is not recognized as such by the Spanish legal system. The Convention of The Hague internationally applicable to the Trust and its recognition...
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