Spanish Inheritance Tax: How much is it?
This is the discussion thread for the article Spanish Inheritance Tax: How much is it?
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I have read several conflicting pieces of advice with regard to the treatment of stepchildren in Spanish Succession laws. Some advisers say they are treated the same as no relation (Group 4) and some say they are in Group 3. How can I find out the correct position. It makes a big difference to me. The property in question is in Andalucia.
Spanish Inheritance Tax: How much is it?
please could you advise as to which group my cousin would be classed in
She is my mothers brothers only child
Ihave recieved differant answers and need the correct one please
Spanish Inheritance Tax: How much is it?
We have spanish wills but what happenes regarding inheritance tax if one of the partners die, we have 4 adult children that live in the UK.
Spanish Inheritance Tax: How much is it?
Hi, My parents purchased an apartment in Costa del Sol spain about 16 years ago, we live in the uk. They are both on the deeds and do not have a spanish will. My dad died 7 years ago and the apartment was not mentioned in the will. Obviously his estate went to my mum. The apartment was bought for £35,000 and at my dads time of death would have been worth about £95,000. Would my mum have to pay approx £10,000 in capital gains tax? Also we have only been made aware that there is a wealth tax, how much is this per year? This may have been paid for the first two years only. Also, what documents would we need to bring to a spanish lawyer?. My mum would like to leave the apartment in her will to myself and my sister, what would be the easiest way of doing this, or can we purchase it of her? I know this is a lot to ask all at once, any information would be a great help. Kind regards, Beverley