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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 1104. FREE Guide on Spanish Wills and Spanish IHT
Saturday, February 8, 2014 @ 3:09 PM

It is not that big deal,

Take a look and make your questions to our email address:

Costa Luz Left

Pampaneira, Region of the Alpujarra, Granada, South eastern Spain, by Landahlauts, at flickr.com

 

 


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13 Comments


camposol said:
Saturday, February 8, 2014 @ 7:56 PM

It IS a big deal; what about those I n Murcia who now have only the state allowance.How far will that go against an inheritance of property and assets?
The effect of the murcia regional government 's decision to abolish the regional allowance is to put people off moving there, or being a non resident, depriving the state of much needed money, so they are not saving anything by taking this action.Since the ways to reduce IHT have serious drawbacks - what do you advise the inhabitants of murcia to do, Maria ? Why hasn't the regional government been made to reverse their terrible decision?


camposol said:
Saturday, February 8, 2014 @ 7:56 PM

It IS a big deal; what about those I n Murcia who now have only the state allowance.How far will that go against an inheritance of property and assets?
The effect of the murcia regional government 's decision to abolish the regional allowance is to put people off moving there, or being a non resident, depriving the state of much needed money, so they are not saving anything by taking this action.Since the ways to reduce IHT have serious drawbacks - what do you advise the inhabitants of murcia to do, Maria ? Why hasn't the regional government been made to reverse their terrible decision?


garry said:
Sunday, February 9, 2014 @ 11:52 AM

Having a bank account with Bankia in Mojacar for 5 years, They closed the bank & now the nearest office is now in Almeria 40 miles away. We closed the account but now they want to charge us 150 euros for closing the account.


camposol said:
Sunday, February 9, 2014 @ 1:54 PM

Gary what has your comment got yo do with Maria's blog and IHT?


Poppyseed said:
Sunday, February 9, 2014 @ 4:59 PM

I'm afraid I gave up trying to open and read it, I don't know what programme has been used but it's just not working well for me!


mariadecastro said:
Monday, February 10, 2014 @ 7:53 AM

Camposol:
I agree with you that Murcia Regions government should revert the status of IHT. Specially as it is a regions which is bein more and more visited and boosted by foreign pensioners.
Maria


camposol said:
Monday, February 10, 2014 @ 2:14 PM

Is there any point in letting the regional government of Murcia how we feel about this, and how would we do it? the abolishing of the regional IHT allowances was the last straw for us, and we can no longer stay here. I wonder if the majority of ex pats here are even aware of the IHT situation!


mariadecastro said:
Monday, February 10, 2014 @ 2:25 PM

Dear Camposol:

Yes, I agree it is worth it.

Kindest,

Maria


camposol said:
Monday, February 10, 2014 @ 2:52 PM

How would I do this, what is the address, email?


mariadecastro said:
Monday, February 10, 2014 @ 3:39 PM

A link to a web for taxpayers aid:

http://www.carm.es/web/pagina?IDCONTENIDO=2117&IDTIPO=240&RASTRO=c672$m2469


Poppyseed said:
Monday, February 10, 2014 @ 4:14 PM

I agree Camposol. we have been deciding whether to finally retire to Spain or France and the IHT situation has been a major factor in our decision, Spain came last :(


Feeg said:
Sunday, March 2, 2014 @ 8:12 AM

Is it worthwhile, and can it be done, to transfer a property from personal ownership into a UK company without having to pay transfer taxes in order to solve the IHT matter, or is it also too costly?


camposol said:
Sunday, March 2, 2014 @ 11:51 AM

The firm which does this advertises in the expat press.Why don't you get in touch and find out all about it, from the horses mouth?
Remember, if a thing seems to be too good to be true....
There will be costs involved, and I have heard that This solution is not for Mr and
Mrs Average.


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