Spanish Inheritance Laws & Why You Should Obtain a Spanish Will

Описание: In this video, Spanish lawyer Alex Radford explains how inheritance laws work in Spain and why having a Spanish will is essential if you own property in the country. A Spanish will can simplify the inheritance process, reduce tax liabilities, and help avoid delays that often arise when relying only on a will from abroad.

Alex outlines the benefits of having wills in both English and Spanish, how they work together, and what’s involved in preparing and registering a Spanish will. It’s a practical and affordable step that can save your family time, money and stress.

Whether you're planning to buy property in Spain or already own assets here, Alex shares what you need to know to plan ahead with confidence.

We answer:
🔹Why is it recommended to have a Spanish will when purchasing property in Spain?
🔹How do Spanish and English wills work together without revoking each other?
🔹What are the benefits of having a Spanish will in terms of inheritance tax?
🔹What complications can arise from not having a will for Spanish assets?
🔹How does the process of setting up a Spanish will work?
🔹What role does the civil registry play in the Spanish will process?
🔹How does having a central wills registry in Spain benefit the inheritance process?
🔹What happens if a testator has a will in their home country but not in Spain?
🔹How does the inheritance process differ between the UK and Spain in terms of time?
🔹What are the inheritance tax benefits for direct blood heirs in Andalucía, Spain?

[00:00:00]: Importance of Spanish wills when buying property

[00:00:05]: Coordinating Spanish and home country wills

[00:00:12]: How English and Spanish wills work together

[00:00:20]: Avoiding revocation of Spanish wills

[00:00:30]: Preparing and signing Spanish wills

[00:00:44]: Benefits of having a Spanish will

[00:01:00]: Consequences of not having a will

[00:01:17]: Starting the process with a Spanish will

[00:01:23]: Easy process for obtaining a Spanish will

[00:01:34]: Steps to complete a Spanish will online

[00:01:51]: Registration and verification of wills in Spain

[00:02:14]: Importance of central wills registry in Spain

[00:02:34]: Using foreign wills for Spanish assets

[00:03:07]: Probate timeframes in the UK vs Spain

[00:03:20]: Inheritance process for direct blood heirs

[00:03:51]: Generous inheritance tax benefits in Andalucía

[00:04:15]: Advantages of having a Spanish will for taxes

[00:04:24]: Costs and delays of relying on a foreign will

[00:04:41]: Cost benefits of obtaining a Spanish will

Contact Alex Radford
Email: [email protected]
https://www.mylawyerinspain.com/

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