Last updated on November 29th, 2024 at 11:20 am. As you might already know from our previous publications, we can finally speak of a major modification to the inheritance and gift tax which implies an unquestionable improvement for the taxpayers of this tax and which undoubtedly favours and encourages donations in the Valencian Community, thanks […]

As you know, Ábaco offers an inheritance service to complete the necessary formalities when someone dies and has property in Spain. Here, the transfer of ownership is not automatic in the same way that it is in other countries. We understand that Spanish inheritance law can be complex. Our website has numerous articles detailing the […]

The permanent home, for most people, is the largest capital asset that they own. When income is limited, perhaps due to a static pension and increasing expenses, people can turn to ‘equity release’ and opt to sell their property whilst still having the option of living there. What are the pros and cons of freeing […]

Last updated on October 24th, 2024 at 01:35 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. […]

When thinking ahead to what will happen to your property in the future you might have considered donating it to your family and those you care about rather than passing it on through inheritance. There are a number of advantages to taking this route and we have supported many people who chose to manage the […]

In the near future it is expected that the Spanish Government will introduce a ‘fiscal harmonisation’ policy. The purpose of this policy is to eliminate the different practices between regions. However, it could mean that there will be an increase in inheritance and donation tax for some people. Currently, inheritance and donation tax legislation has […]

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 […]

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 […]

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. […]

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 […]

Last updated on September 28th, 2021 at 12:53 pm. 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 […]

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 […]

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 […]

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. […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]