It is said that approximately two-thirds of people in the UK die without making a will. It is an unfortunate fact that many with assets in Spain fail to make a valid will either in Spain or in their country of origin.
This can leave their families having to try to manage at a distance a complex legal matter – Spanish law when someone dies – which of course can be quite overwhelming. Below we set-out some information as a guideline to anyone in that situation.
Similar to most countries, there are effectively 3 possible options when dealing with the assets of a deceased’s estate in Spain. We consider these below as well as providing some practical information on payment of Spanish inheritance tax.