Spain Explained

A guide for foreigners on every aspect of safe property ownership in Spain

Posts filtered by Wills, donations and inheritance

Inheritance tax and stepchildren – protecting your family

Inheritance tax and stepchildren

Many people live in families with stepchildren. They have perhaps grown up with a stepparent who they have come to look on as they would a natural mother or father. So what happens when a stepparent dies? There are aspects of Spanish inheritance tax related to stepchildren that you need to be aware of. When […]

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Donate in Spain now and reduce tax

Donate in Spain

There are inheritance and donation tax changes on the horizon that could mean that some of the benefits that people are currently enjoying might disappear or at least be reduced. What action can you take to preserve your assets for those you love? As you may know, the different regions of Spain have relative autonomy […]

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Legal advice in Spain, let the professionals help you

Let the professionals help you

Changing ownership of property in Spain is an important process that must be done correctly. Make sure to have legal advice in Spain, our professional lawyers and legal experts are here to help you. There are a number of reasons why you might want to transfer the ownership of a property into someone else’s name. […]

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Understanding the Spanish inheritance process

Spanish Inheritance Process

Talking about the Spanish inheritance process isn’t easy. Many people will try to avoid the discussion and, it’s understandable. However, avoiding it isn’t the answer. If you have property in Spain at some point in the future it will be transferred either through donation or inheritance. It’s most important that you take the initiative, explore […]

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Inheritance tax in Spain – advice for inheritors

Inheritance tax in Spain

The news that you are due to inherit a property in Spain may be a surprise or you might have known for a while. What you may be unaware of, however, is how to proceed to ensure that you really are the legal owner and how to pay the mandatory taxes. This article provides a […]

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To Option to Donate in Spain

When thinking in having things tied up for the future of your love ones, most people make a will to prepare the inheritance for when they die. They want to ensure that they help the people they love by bequeathing their assets to them. However, the inheritance process in Spain is not the same as […]

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Is it time to update your Spanish will?

You might have signed a Spanish will some time ago and think that it is now arranged. Indeed, your will is still in place and perfectly valid, but it is important to have its content and wording checked from time to time to ensure that it is in line with the latest law updates so […]

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Legal and tax lawyers in Spain: Why should you choose Ábaco Advisers?

Tax lawyers

Last updated on June 30th, 2020 at 09:27 pm. As a client of Ábaco Taxes you are entitled to a number of ‘extras’. We want to make sure you are getting the full benefit from them. We explain how Abaco Online and our team of tax lawyers can help you keep in touch and informed. […]

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The transfer of property in Spain

transfer of property

It’s likely that you’re aware of various types of legal property transfers, like inheritance, gifting property to a spouse or other party, and naturally, sales. However, another type of transfer that is often of interest to our clients is the “extinction of co-ownership”, or for example, the transfer of property to an ex-spouse. Within the […]

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Spanish will: Advantages and the process

Wills in Spain

Last updated on April 29th, 2020 at 03:28 pm. Making plans and arrangements for when you die isn’t easy. However, it is an important process to go through and perhaps even more so when you have property in another country. There are many differences in the way inheritance works in Spain in comparison to elsewhere. […]

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Inheritance tax in Spain: The complete guide

inheritance-tax-in-spain

Last updated on April 19th, 2020 at 02:32 pm. One of the main concerns people have is the impact that having to pay inheritance tax might have on those they leave behind. How is inheritance tax applied in Spain? Inheritance tax is applied very differently in Spain to many other countries. To begin with, all […]

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Spanish inheritance tax calculators: Everything you need to know

Spanish inheritance tax calculator

Last updated on April 24th, 2020 at 03:22 pm. Confusion about Spanish inheritance tax is rife on expat forums and on social media. This is because inheritance tax calculations are  based on numerous factors. Often, these variables are complex to determine, thus producing conflicting calculations. Furthermore, each autonomous region in Spain has different legislation in […]

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Retiring to Spain from the UK: How it’s done

Retiring to Spain from UK

Last updated on June 12th, 2020 at 05:24 pm. What could be better than living out one’s twilight years under the Spanish Sun? It is a dream come true for people who are reaching retirement age. The lifestyle, weather, entertainment and relatively cheaper property make retiring to Spain from the UK a very attractive prospect. […]

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Understanding Spanish inheritance law

Last updated on May 4th, 2020 at 03:49 pm. Spanish inheritance law is different from other European nations, so it’s important you understand the nuances when putting your affairs in order.  It might not be the most cheerful subject, but it is important that you make sure that you understand Spanish law when you’re writing […]

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Make your inheritance plans and take control

Last updated on March 19th, 2020 at 01:33 pm. If you have property in Spain you will want to have arrangements in place so that everything goes smoothly when you die. It’s a difficult subject, but failing to look ahead can leave your inheritors with unexpected inheritance tax bills. Nobody is really prepared for a […]

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Beating Brexit with donations

Last updated on March 19th, 2020 at 01:33 pm. As we move closer to the Brexit due date many British people are increasingly anxious about what to expect. However, the reality is that even at this late stage, we don’t really know what will happen once Britain leaves the EU. What we do know is […]

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Making your wishes known

Last updated on March 19th, 2020 at 01:33 pm. Most people are aware of the importance of making a will. Ensuring that those you love receive the inheritance you’ve worked for is recognised as one of those tasks we should do in good time. However not many people are aware that you can also make […]

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Should I make a Spanish will?

Last updated on March 19th, 2020 at 01:34 pm. Now, we interview our expert, María Wiedemann, from our Legal Department to find out just what the advantages are of making a will in Spain and what the disadvantages can be, if you don’t. Maria Wiedemann has been helping foreigners in Spain protect their assets for […]

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Thinking ahead when it comes to inheritance

Last updated on March 19th, 2020 at 01:34 pm. It’s not a subject that we like to talk about. However, not preparing for when you die can leave those you love with additional arrangements to make. Ábaco’s Inheritance Planning Pack can help answer those difficult questions and prepare for when the time comes. You have […]

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Leaving everything in order

Last updated on March 19th, 2020 at 01:34 pm. If you have property in Spain you will want to have arrangements in place so that everything goes smoothly when you die. It’s a difficult subject, but failing to prepare can leave your inheritors with unexpected inheritance tax bills. We can all be reluctant to make […]

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Executors in Spain

Last updated on March 19th, 2020 at 01:57 pm. In the UK it is very common to have an executor, ‘albacea’ or ‘contador partidor´, to help ensure that your wishes are carried out when you die. However, in Spain this is much less frequent and executors are only usually named when a will is particularly […]

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Inheritors at different levels

Last updated on March 19th, 2020 at 01:58 pm. In Spain there are different levels of allowance you can receive before inheritance tax must be paid. The allowance is dependent upon the inheritor’s relationship to the deceased. This article provides information about the different inheritance groups. It comes as a surprise to some people. Not […]

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Inheritance claims and power of attorney

Last updated on March 19th, 2020 at 01:59 pm. Could your dreams of enjoying Spain, its climate and lifestyle, be taken over by a series of unfortunate events? We plan for our retirement, we look forward to putting the alarm clock away and then – we’ve all heard the stories, “He had his retirement party […]

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7 answers to 7 questions making a Spanish will

Last updated on March 19th, 2020 at 02:02 pm. It’s a difficult but very important subject. We recommend to all our clients that at some point they make a Will in Spain, even if they have made provision in their home country. Here we list some frequently asked questions to help you take that step […]

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Four steps to managing your Spanish inheritance

Last updated on March 19th, 2020 at 01:58 pm. You have enough to cope with when someone close to you dies without adding the additional complications that come with managing Spanish inheritance. In this article we suggest four steps you might take if Spanish property has been left to you. When someone close to you […]

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