Probably the most difficult process for the family and where we need to make a special effort to take the strain from them.
We have designed a guide to follow the whole process without the assistance of the family if they do not want to get involved with the paperwork and different visits to Notary, Banks, Land Registry, etc.
We understand most of our client´s families do not live in Spain and this is why we need to offer a way where they only have to visit us once.
On this process we get the Last Wishes Certificate from the Ministry of Justice, the original copy of the Last Will and inheritors are identified.
Once the previous part is clear, it is needed to be identified which Law applies and it depends on the residency of the inheritors in the different Communities in Spain (Valencian Community, Andalusian Community, etc), or another country.
At the same time, an inventory has to be prepared including assets and its valuation only in Spain (If inheritors are Non Tax Residents in Spain), or in Spain and other countries (If inheritors are Spanish Tax Residents).
At this step, we can make the calculation of the Inheritance Tax, complete the new Title Deeds with the Notary, prepare the payment of different taxes involved on the process and, finally, register the properties in the name of the inheritors on the Land Registry.
Please notice the payment of the Inheritance Tax has to be completed within 6 months since the death of the person by the inheritors to avoid future penalties. Our experience says we can complete it in time if the family contacts us with enough time in advance even in the case of the Non Tax Residents where the Tax has to be presented physically in the only office for Non Residents Inheritance Tax which is based in Madrid.
If you need any help about this, or any other legal processes in Spain, please, do not hesitate to contact us by email firstname.lastname@example.org or on the telephone 965705502 to clarify any question you may have. You can also read more about this and other important themes on our blog.