13 Jul 2014 2:14 PM:
Hi. A friend is splitting up from her husband and has asked me to ask for advise.
She wants to know if it is best to divorce or not, from a financial point of view.
They own a property in Spain and I seem to remember that if a couuple aren't married and one dies, then the property automatically goes to the children - and they have three children.
I told her they will have to re-do their Spanish wills if they divorce. But are there any other implications in this scenario, like stuff to do with tax? She said they won't divorce if it's going to end up costing them a lot in taxes in Spain but will just hold on until the market improves and they can sell and split the money.
Any help on this would be welcomed.
Thread:
Divorce and Spanish property
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