Spanish Inheritance Tax: How much is it?

[Spanish American]

Dear Lawbird Lawyer - Could you please explain the tax consequences of the following situation? My father - a Spanish citizen living in both the US and Spain - leaves in his will a securities portfolio of approximately $500,000 Euros and a piso in Madrid worth ~$500,000 Euros, additionally there is a small apartment near Valencia worth ~ 150,000 Euros. His 3 children are the only beneficiaries - he is divorced. What are the tax implications? How much would we owe individually or collectively? Thank you so much.

[Lawbird Lawyer]

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 a quote on said report.

Sincerely
Raymundo LarraÃ*n Nesbitt