Do you have a Spanish will for your Spanish assets? Have you inherited a Spanish property? Have you been appointed to handle Spanish assets under a Lasting Power of Attorney? Have you been appointed as an executor or trustee to an estate that includes Spanish assets?
Our team of specialist English speaking Spanish abogados, English, Scottish & Irish Solicitors have experience in advising heirs, executors and trustees when dealing with Spanish estates. Below is a list of the services offered related to Spanish inheritance issues:
- Spanish Wills
- Inheriting Spanish Assets
- Signing deed of acceptance of Spanish assets
- Disputing a Spanish will & Contentious Spanish Inheritances
- Inheritance Planning in Spain
- Estate Planning of Spanish Assets
- Advice to Executors & Trustees
- Dealing with Incapacity
- Asset Searches
- Locating a Spanish will
- Valuing the Spanish estate
- Obtaining bank certificates
- Assisting with the sale and disposal of Spanish assets
- Acting for individuals appointed using a Lasting Power of Attorney
- Calculating Spanish inheritance tax
- Enduring Powers of Attorney
- Expert reports explaining English or Scottish law for land registries and notaries
If you own Spanish assets then it is highly advisable to have a Spanish will dealing with the distribution of assets upon death.
The benefits of having a Spanish will are:
- It will be quicker and easier to administer the Spanish assets
- It will be cheaper to finalise the Spanish Inheritance
- You can mitigate and or reduce Spanish inheritance tax
- You will leave your Spanish assets to the beneficiaries that you choose
Contact us for our step by step guide to granting your Spanish will. If you would like a Spanish will click here to complete our Spanish will questionnaire online and download your draft Spanish will.
Inheriting Spanish Assets
If you are a Beneficiary, Executor or Trustee of a Spanish property, bank account or other assets in Spain, we will guide you through the Spanish Inheritance process.
If you cannot locate a Spanish will, searches can be carried out to ascertain if a Spanish will was signed.
Disputing a Spanish will & Contentious Spanish Inheritances
We have experience in challenging Spanish wills as well as the distribution of a Spanish Estate and can represent heirs, trustees, executors and foreign lawyers in this process.
If you have Spanish assets then upon death and depending on how you own the assets, Spanish inheritance tax is payable. We can assist in mitigating your Spanish inheritance tax liability and preparing your Spanish estate so that when the time comes, it will be easier for your loved ones to deal with the Spanish estate.
When there are estates with assets located in various countries it is important to work with lawyers in those countries and we are used to dealing with lawyers from around the world to administer Spanish estates.
If you are considering buying a property, part of the estate planning process starts once you have taken the decision to buy Spanish property. Download our leaflet on Spanish Property Ownership Options.
Advice to Executors & Trustees
We have experience in acting for executors and trustees in dealing with Spanish Estates and can assist in valuing and disposing of Spanish assets.
Dealing with Incapacity
Unfortunately if someone cannot manage their own affairs then an Administrator in Spain needs to be appointed and we can assist with this process. Or if an individual has been appointed with a Lasting Power of Attorney, action can be taken in Spain using this once it has been legalised and translated.
The incapacitated person´s assets should be protected by obtaining a court order that can be registered at the Land Registry. Even if the incapacitated person is not in Spain, but has Spanish assets or interests, a foreign order can be enforced at the Spanish Courts. If you have been appointed as a deputy of a incapacitated person and you wish to sell a property in Spain, we can assist you with all the aspects of the legal process.
Searches can be carried out nationally to ascertain if someone had Spanish assets or if they were a director of a Spanish company. In addition with the relevant authorisations we can contact and liaise with Spanish banks to ascertain if the deceased had a Spanish bank account.