Inheritance Tax

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16 Feb 2010 12:00 AM by roger Star rating in Sutton Coldfield. 139 forum posts Send private message

Hi,

Does anyone know the reality of the Spanish tax system when it comes to inheritance?

I understand it can be a bit of a nightmare & different to the UK insofar as a property does not default to a surviving partner when the other dies without a large tax bill. Also anyone inheriting a Spanish property can end up with a massive tax bill too.

I have read that forming a limited company, and listing the house as an asset is one way of legally avoiding this assault on your hard earned & as `directors` you would be able to aportion ownership as required to your kids, or whoever.

Obviously I`m not sure about this & wondererd if anyone knows the score...

\cheers,

 

Roger & Stella

www.sanjuanvilla.com

 

 



This message was last edited by roger on 16/02/2010.


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