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Professional Advice

(English) Spanish Taxes Forum: Spanish Will

Debbie Hart

Do I need to settle a Will in Spain?  Can I not include my porperty in Spain in the Will I got in my country?

Thanks

Begoña L.

Debbie,

Definetly, to have a Will in Spain is recomendable.  The Will can be written in double column, one in Spanish and the other in their own language, by signing with the help of the translator.  Your attorney or fiscal representative can find out the notary where youcan have the document in this way.

It is recommended to sign a will in Spain for the following reasons:

* If you are using a non spanish will, you wont be able to take any action until its validation.   And the validation means another cost. (you must legalize it, i.e., prove that it is the last, translate it into Spanish and Apostille it)

* In Spain, there is within 6 months from the death to be able to pay the inheritance tax. After this period the Spanish Government imposed tax penalties. 

* Your Will in Spain wont revoke any Testament in your country.  So, no disadvantages. 

Kind regards

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