Spanish Probate
We deal with the administration of estates where the deceased owned property in Spain or Colombia and whether or not a Will has been made, we specialise in Anglo-Spanish and Spanish-Colombian International Private Law.
Spanish Probate
We deal with the administration of estates where the deceased owned property in Spain or Colombia and whether or not a Will has been made, we specialise in Anglo-Spanish and Spanish-Colombian International Private Law.
Matters become even more complicated when estate assets are located overseas or when the deceased was not domiciled in the United Kingdom, Spain, or Colombia. Inheritance law can become very complicated when several legal systems are involved.
We have extensive expertise in global cross-border succession problems involving different jurisdictions and any conflict of laws. We are particularly knowledgeable in Spanish/English conflicts of Law and Spanish / English / Latin America conflicts of Law.
One of the challenges It to be overcome when dealing with Spanish assets following a death, with different rates of inheritance tax to be paid depending on the citizenship and residence of the deceased. In the Spanish Probate, the process exists national and regional rates of inheritance tax – the rate applicable will depend upon citizenship and residency.
The amount paid in inheritance tax can vary widely, with local rates being significantly different in different parts of the country.
We can undertake all the necessary Spanish work to administer deceased Spanish estate and have it transferred to the beneficiaries or in some instances, into the name of the trustees.
We can also deal with the subsequent sale or rent of any properties in Spain and repatriation of any funds directly to your bank account.
Matters become even more complicated when estate assets are located overseas or when the deceased was not domiciled in the United Kingdom, Spain, or Colombia. Inheritance law can become very complicated when several legal systems are involved.
We have extensive expertise in global cross-border succession problems involving different jurisdictions and any conflict of laws. We are particularly knowledgeable in Spanish/English conflicts of Law and Spanish / English / Latin America conflicts of Law.
One of the challenges It to be overcome when dealing with Spanish assets following a death, with different rates of inheritance tax to be paid depending on the citizenship and residence of the deceased. In the Spanish Probate, the process exists national and regional rates of inheritance tax – the rate applicable will depend upon citizenship and residency.
The amount paid in inheritance tax can vary widely, with local rates being significantly different in different parts of the country.
We can undertake all the necessary Spanish work to administer deceased Spanish estate and have it transferred to the beneficiaries or in some instances, into the name of the trustees.
We can also deal with the subsequent sale or rent of any properties in Spain and repatriation of any funds directly to your bank account.
We give you peace of mind to ensure that, if you lose your mental capacity, your affairs have handled the way you’d like them to be.
LPA is a legal document that lets you appoint one or more people (known as) to help you make decisions or to make decisions on your behalf.
There are two types of lasting power of attorney:
- Property and financial affairs
- Health and welfare
- Family members of the deceased
- Other lawyers who do not have the requisite knowledge and expertise to deal with probate issues abroad
- Executors and beneficiaries
- Accountants involved in estate administration and inheritance tax issues
- Estate agents instructed in the sale or renting of estate property abroad
- Administration and care of the properties from beneficiaries in Spanish territory
- Wealth management companies and Independent financial advisers
English Lasting Power of Attorney (LPA)
We give you peace of mind to ensure that, if you lose your mental capacity, your affairs have handled the way you’d like them to be.
LPA is a legal document that lets you appoint one or more people (known as) to help you make decisions or to make decisions on your behalf.
There are two types of lasting power of attorney:
- Property and financial affairs
- Health and welfare
Clients of Londono Global Law Firms include:
- Family members of the deceased
- Other lawyers who do not have the requisite knowledge and expertise to deal with probate issues abroad
- Executors and beneficiaries
- Accountants involved in estate administration and inheritance tax issues
- Estate agents instructed in the sale or renting of estate property abroad
- Administration and care of the properties from beneficiaries in Spanish territory
- Wealth management companies and Independent financial advisers
Without a will, things can become complicated for the people you leave behind. Your estate that is your property, money and possessions may not pass to the people you want to receive them, and disputes can arise.
- The Will must have been made in writing
- The Will must have been signed by the Testator in the presence of at least two witnesses aged over 18, who must also have signed the Will in the Testator presence
- The Testator must have been fully aware of the nature of the Will, the property to be distributed and the identity of the beneficiaries
- The Testator must have written the Will voluntarily, without undue pressure from another person
- The Testator must have been 18 years of age or older at the time of making the Will. There can however be exceptions to this rule
Making an English Will or Spanish testament
Without a will, things can become complicated for the people you leave behind. Your estate that is your property, money and possessions may not pass to the people you want to receive them, and disputes can arise.
- The Will must have been made in writing
- The Will must have been signed by the Testator in the presence of at least two witnesses aged over 18, who must also have signed the Will in the Testator presence
- The Testator must have been fully aware of the nature of the Will, the property to be distributed and the identity of the beneficiaries
- The Testator must have written the Will voluntarily, without undue pressure from another person
- The Testator must have been 18 years of age or older at the time of making the Will. There can however be exceptions to this rule