Inhertitance tax on home

I have heard that the law of Spain does not just work like the Uk with regard to home ownership when one of us passes away. I also heard we should have bought via a ltd company. Can anyone provide any information - sorry if I have missed it it the archives.

Situation.

My partner and I bought an apartment in Spain. The house is in both our names. At the moment we only use it for holidays.
We have a Spanish will which gives all to the survivor and then passes on to the 3 children - 2 of mine and 1 of hers equally.

We have now married.
What should we now do so each one of us is protected from Inheritance tax if the other dies?
should we set up a ltd company?

Then what do we need to do so that the kids get the house after we both die?

Any advice would be most welcome.

thanks

dd

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I have heard that the law of Spain does not just work like the Uk with regard to home ownership when one of us passes away. I also heard we should have bought via a ltd company. Can anyone provide any information - sorry if I have missed it it the archives.

Situation.

My partner and I bought an apartment in Spain. The house is in both our names. At the moment we only use it for holidays.
We have a Spanish will which gives all to the survivor and then passes on to the 3 children - 2 of mine and 1 of hers equally.

We have now married.
What should we now do so each one of us is protected from Inheritance tax if the other dies?
should we set up a ltd company?It is an option.

Then what do we need to do so that the kids get the house after we both die? It seems they will just inherit the shares under Uk Law and that will have a different taxation than inheriting a house in Spain. I know few on this, but you will certainly find information on the web.

Any advice would be most welcome.

thanks

dd