30 Oct 2012 8:08 AM:

On a similar theme, could anyone advise. I own an apartment in Spain. I owe more on the mortgage than it is worth. I have a Spanish will leaving the apartment to my daughters. I have been advised by my solicitor that when i die, to avoid any tax, my daughters could simply refuse to accept the apartment, which would then pass to the Spanish governement. Is this correct? The problem is that if I die, the apartment would not sell in these economic times and I do not want them to be left with a tax bill.

Thanks for any help

Thread: Dacion en Pago

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