Ways on How to Avoid Inheritance Tax on Spanish Property
hi
i am buying a property in spain and the guy passed away and has left an english will leaving it to his nephew who now has the probate sorted with cert etc...can i now deal with this through him...if there is a spanish will made years ago will this current english will over ride the spanish one as this was his last will so long as its translated etc..my fear is that there could be a spanish will leaving it to someone else!
Ways on How to Avoid Inheritance Tax on Spanish Property
thanks very much...thats great
Ways on How to Avoid Inheritance Tax on Spanish Property
My father died without leaving a will and he owned an appartment on the costa del sol with his ex partner. Their are 2 children to inherit but working out the capital after the mortgage and taxes of the half share it does not seem worth claiming. Can anyone tells me what happens to the half share if we dont claim the property.
Thanks
Ways on How to Avoid Inheritance Tax on Spanish Property
my father has a property in tenerife, he is no longer able to travel there and has decided to transfer the property to myself and my brother, both resident in the uk.
Is this a wise thing to do?
Ways on How to Avoid Inheritance Tax on Spanish Property
My husband and I own a villa in Puerto Lumbreras Murcia and took up residency at the time of purchase in 2007. It is worth about 300,000 - 325,000. We have a mortgage of about 60,000 on it. We have made Spanish wills leaving it to one another and then our three children (two resident in UK and one in the UAE). I am not sure how much inheritance tax we would get charged should one of us die. We nearly went down the Wincham path and after reading comments on this site am so glad we didn't. Would it be wise for us to write UK wills to override the Spanish ones or would it be more beneficial to stay with the Spanish ones and include our UK apartment etc?
Ways on How to Avoid Inheritance Tax on Spanish Property
We own a property in Murcia(150,000euro) in joint names with my wifes sister and husband. My brother in law has just died and now everyone says we would have been better to have had it has a uk company. What would be the best way forward to save problems in the future.