Search:

Hi Andy

Without detailed information I cannot give you an accurate quote.

On inheriting an estate in Spain the costs woudl be as follows (broadly speaking):

1. Lawyer's fees. Minimum €3,000...

Dear Sir or Madam

I'm sorry, we do not make free tax assessments. You would need to hire us to draft you a report on the tax liability of each of the three beneficiaries.

Please contact us for...

Correct Steffi, in the most extreme cases Spain's Inheritance Tax may reach a whopping 81,6% which is tantamount to expropiation in my opinion. I include this in my article on Spanish Inheritances:
...

You are welcome Talia.

I agree, far too many scary stories being told with vested interests lurking behind.

Regards
Raymundo LarraÃ*n Nesbitt

You are welcome Rosemary.

A POA can be signed in England if you wish, it is compeltely unnecessary to travel over to Spain to grant one, unless you want to enjoy the splendid weather! The POA...

Dear Talia

On a property that is worth only 90,000€ and you are 4 beneficiaries inheriting presumably 25% each you are worried on paying a high IHT?

You do NOT need to give away the property...

Dear Rosemary

It would be an excellent idea if it weren't for a small detail.

You still have to file and pay taxes on selling the property. And it would be you through your legal representative...

Dear Steffi

They would be classified in Group IV.

Yours sincerely
Raymundo LarraÃ*n Nesbitt

Dear Christopher,

The Executor is right. As you are not kinship of your grandfather's second wife you will be ranked for IHT purposes in Group IV meaning you have no national tax allowance.
...

Dear Nichola,

To the best of my knowledge that tax exemption available to resident surviving spouses of 95% on the estate has been going on for quite a while now, as in for the last quarter of the...

Dear Sir,

In that case Spanish law would apply and you would inherit in equal shares with your stepsister.

Yours faithfully,

Dear Sir,

What nationality did your mother hold?
Was she married to your stepfather?
Did she draw up a will in her home country?
Did she have more children?
What value was the Spanish estate?...

Dear Ms McKay,

An English will is prefectly acceptable and legal to bequeath a Spanish estate. However it is impractical for a number of reasons which are explained in detail in my article:
...

Dear Ellena,

If you've been living in Spain for the last 25 years I take for granted you are resident here.

State law rules that surviving spouses are entitled to a 95 p.c. tax exemption from...

Dear Madam,

It would greatly benefit both of you fiscally, yes.

There's a national tax allowance on IHT form one surviving spouse to another of 95% of the taxable base if you are tax resident...

Dear Sir,

You need to retain a lawyer and porceed with the transfer of the Spanish estate to the appointed beneficiaries, presumably yourself and your brother.

To have the property transferred...

You're welcome.

Sure you can e-mail me the details and set an appointment with me: contact form

Your mother would be right if your father was still alive. If he were alive the most efficient...

Dear Sir,

You're right, lots of questions.

First of all your father passed away in 2003, therefor neither Spain's IHT ("Impuesto de Donaciones y Sucesiones", or ISD for short) nor PlusvalÃ*a...

Dear Dorozi,

If one of you dies, the surviving spouse is not exempt form paying IHT in Spain.

If the survivor is fiscal resident they can qualkify for a tax allowance of 95% on thier taxable...

Dear Jill,

You are probably receiving conflicting replies because you may not be asking the right question.

Who is the one bequeathing their Spanish estate? You, your mother, or your mother's...