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Legal consultancy
In our previous article, we analyzed in detail how an estate is distributed in Spain and debunked the myth of “absolute freedom” when making a will through the Rule of Thirds. However, in an increasingly globalized world, a very frequent question arises in law firms: What happens to the statutory legal share (the legítima) when...
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When dealing with a death, a wide variety of situations arise regarding the distribution of assets. There is a common misconception that an inheritance can be left to anyone without restriction, but the legal reality in Spain is very different: not everyone is entitled to inherit, nor can assets be disposed of with absolute freedom....
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Buying a family home is one of the most significant financial decisions. To guarantee the security of the family unit and the protection of minors, it is essential to understand the legal and economic pillars, as well as the support figures involved in the home-buying process in Spain. Support Figures and Estimated Costs To operate...
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Taxes are a concern for individuals, businesses, Spaniards, and foreigners alike. After all, nobody wants to overpay for their activities. But… what happens if you receive an inheritance? Managing an inheritance in Spain involves high technical complexity due to the coexistence of state and regional regulations. There is no single solution; reducing the taxable base...
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In Spain, taxation is complex and applies to the vast majority of transactions carried out within the territory. Therefore, if you are going to receive an inheritance, it is essential to understand the tax obligations you face in order to make informed decisions before accepting or rejecting the assets. What taxes must be paid when...
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When we think about buying a home, we often focus solely on the exchange between the buyer and the seller. However, for a smooth and successful experience, several experts intervene to provide value at every stage of the transaction. Advisory and Search Phase Real Estate Agent Acts as the ideal connector between the buyer and...
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For most procedures, it is necessary to follow some steps and deliver certain documents. The documentation necessary to sell your property is not difficult to obtain and can help the buyer perceive the transaction as secure. How to sell a property in Spain? When selling your house or apartment, a good option would be to...
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When determining the asking price for your property, it is essential to be guided by objective market criteria. Memories and the sentimental value your home holds for you do not count when setting a competitive figure. Being objective with what has been your home is the first step toward a secure and successful transaction. 1....
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Sometimes, especially when the assets one owns have significant value, one often wonders whether it is better to donate or to leave them in inheritance when transferring the assets. Main differences between inheritances and gifts Before deciding whether inheritance or gift is better, it is essential to understand the differences between the two and how...
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Renting out a home is a good option if it won’t be used, providing a monthly income that can be very helpful. However, tenants may fail to pay the amount they owe, and this can have significant consequences. How to avoid and protect yourself from delinquent tenants Although having delinquent tenants isn’t common, it can...
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