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Spanish Inheritance Tax: How much is it?
Hi. My brother and I are in the process of signing our grandads half of his estate over to ourselves until we were hit with a massive IHT bill. This is because we are not direct descendants of our grandfather but step-grandchildren. We are liable to inherited 50% of the estate which has been valued at 145,000€ and each need to pay 21,350€ before we can inherit our share. We have been given 5 weeks to pay this which is horrendous and even after those 5 weeeks will struggle to raise the total of 37,324€ between us not including solicitors fees. Do we have anymore options? Many thanks.
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