Hello Spaniardo13,

As you are a Spanish resident, and your property is only worth 95.000 Eur, you would be exempt of IHT considering your family relationship and the fact that you are residents using the property as usual dwelling; the tax is usually applicable only a certain amount of money. You must also meet other requirements such as: Property jointly owned by spouses, having lived there for at least two years and that the surviving spouse lives in the property for at least the following 5 years ( unless he/she passes out in the meantime ).

Where residents inherit in Spain, the assessment and collection of taxes depend on the regional authority; for instance, the Tax is applicable after the first 175.000 Euros in Andalucia.

Regards,