Inheritance

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25 Feb 2015 11:53 AM by El alamillo Star rating in Nottingham & El Alam.... 221 posts Send private message


Inheritance . New wills may need writing. Check CAB Spain. A Spanish will must now have a clause, stating that you wish UK inheritance law to apply. . Otherwise Spanish law will prevail. Just had a reply from my Solicitor in La Manga. Too rewrite both our wills and include the UK clause. the costs for both wills, notary, register and fees included. amounts to 375 € for both wills. Mind you we have moved address in uk so has my daughter and our son now lives in USA. Also renewed our Passports so old number not valid. Also I need to include my granddaughter. First wills done back in 2002.
 Not sure. But I don't think that the Clause can be added to an existing will.


Although the Regulation came into force in 2012, the provisions will not apply until 17th August 2015. That said, Wills can be prepared and executed now, but do take note that up to that date the will you drawn up with your choice of succession of the country of birth or other will remain valid if death occurs before midnight of the 16th of August of 2015.
 JB



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JB



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25 Feb 2015 1:37 PM by mariadecastro Star rating in Algeciras (Cadiz). 9419 posts Send private message

mariadecastro´s avatar

It is not always strictly necessay, and because UK, Ireland and Denmark opted out, I have some questions on how this will be applied but....

Preventively, if you are UK, Ireland or Denmark national but are spanish resident and own property/assets in Spain I would grant a new will in Spain for the best of future protection, if you want your National Inheritance Law to apply to your whole sucession affairs.

 


This message was last edited by mariadecastro on 25/02/2015.


This message was last edited by mariadecastro on 25/02/2015.

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Maria L. de Castro, JD, MA

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Director www.costaluzlawyers.es

El blog de Maria



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