Of course, the subject of inheritance is one that many want to avoid, as after all, it is centred around the immediate aftermath of someone passing. Whether this be a family member or a friend, it can pose a lot of difficult questions that need answering. Learning about inheritance law in Spain well before the fact allows you to be better prepared for when the time comes. This is where the team of reliable, experienced, and friendly lawyers at Manzanares Lawyers can help, we are able to use our specialism in the field to give you all the sensible advice you need, so you can make well informed decisions that abide with the law.
Who would not want the best possible outcome for their nearest and dearest once they have passed away? This blog post gives you some more information on how inheritance law Spain works, and what you need to look out for when drafting up your will.
How Spanish inheritance law works
If you pass away in Spain, then your assets will be divided by default. According with the Spanish Law, your children are your main beneficiaries in this scenario, as they will inherit two thirds of your belongings divided amongst them, depending on how many children you have. The 1st third will be divided equally amongst each child, whilst the 2nd third will also go to the children. However, with this 2nd third the person who has made their will can decide how much of this is inherited by each child. For example, if they have a much older child, they can inherit immediately whereas the younger children would have to wait until they turn 18 years old; the grantor may want to consider this when splitting inheritance.
The 3rd third of their inheritance is given out at their discretion and will usually be left to the widow/er or any other family members. To those that are non-residents in Spain, this can appear that the widow/er doesn’t receive much of the inheritance at all, but the grantor can state in their will that the widow/er can usufruct the property. This means that they have the right to use the property without actually owning it, so they can continue to live there until they die, securing them in later life.
How can Manzanares Lawyers help?
Here at Manzanares Lawyers, we deal exclusively in the Andalucía region of Spain, so if you are from this area and have any questions regarding your inheritance, then please get in touch with our friendly team of experts today! Our experienced law firm has been helping clients all over the region for over 20 years, so why not add your name to our ever-growing list of happy customers and reach out for our help and expertise.
We understand that trying to unpick the complicated Spanish inheritance law can be something that you might need assistance with, which is why our specialist inheritance lawyers are on hand to offer their support.
Get in touch
If you feel like you could benefit from our help at Manzanares Lawyers, then be sure to get in touch with us today. We can arrange a consultation via telephone or online, so we can communicate wherever you are based!
To contact us whenever you are ready, give one of our offices a call on +34 952 59 50 42 (Alhaurin) or +34 952 82 41 12 (Marbella) or email us at firstname.lastname@example.org with any detailed enquiries in your language. We also have an online enquiry form available on site so you can request a free consultation with one of the team.
We look forward to hearing from you!