Inheritances

If you own any kind of assets in Spain it is highly advisable to sign a Will according to Spanish legal formalities, it will save a lot of time and hassle for your heirs. Otherwise, when the time comes, they will need to apply for a Grant of Probate and other documents might be necessary, plus sworn translation and the Apostille of the Hague stamped on each document. The cost, in money and time, of signing a Spanish Will, is going to be much more affordable than going through all this paperwork.

A Spanish Will can be signed before a Public notary and, although there is another way, this is the easiest and advisable way to do it. We can help you to draft the Will to reflect your wishes, locate a Notary and assist you during your meeting as Solicitors and translators. There are plenty of available Notaries in Murcia and Orihuela Costa and we can arrange an appointment at your convenience.

INHERITANCE

The inheritance process in Spain might be short and brief or it might take several months, and it mainly depends on how fast the necessary documents are provided. As explained in the paragraphs above, a Spanish Will makes things easier, but in any case, we will be there to assist you and smooth out the whole ordeal. If there are properties involved, we will have to sign Inheritance deeds before a Public Notary.

Otherwise, a private acceptance document might suffice, and this will reduce your heir’s costs. There are also taxes involved and it is essential to pay them within a 6-month deadline to avoid any fines. Nevertheless, an extension of another 6 months can be requested. The amount to be paid will depend on the heir’s relationship to the deceased. For example, in Murcia area children have a 99% tax relief.

Among the documents we will need to assist you are:

• A copy of your property deeds

• Bank account details and contact details

• If the deceased owned a vehicle, the original paperwork.

• A copy of your NIE

• A copy of the deceased Spanish Will, if there is one.

• Death certificate

• Grant of Probate, if necessary.

Don’t hesitate to contact us if you have any questions or you need to arrange an inheritance in Murcia or Orihuela Costa areas.

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