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Spanish wills - Do we need them?

Posted: Tue Apr 17, 2018 3:12pm
9 replies250 views7 members subscribed
Darrel57

Posts: 134

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Location: Los Balcones

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Hi everyone

My wife and I have UK wills and we intend to retire to Spain shortly (we have a property in los balcones)

Is it necessary/advisable to take out Spanish wills? (we have no dependants)

Darrel

jimtaylor

Posted: Tue Apr 17, 2018 6:56pm

jimtaylor

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Posted: Tue Apr 17, 2018 6:56pm

If neither of you have living parents or children, then under Spanish intestacy law the survivor of you both would inherit. However, I'm pretty sure that the survivor would incur costs in processing an intestacy claim that would be in excess of getting a notary to prepare a joint will.

Andrew65

Posted: Tue Apr 17, 2018 9:46pm

Andrew65

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Posted: Tue Apr 17, 2018 9:46pm

I have been told also that on the death of a partner you as the surviving part of the couple do not have automatic access to any joint accounts, they are frozen until probate is granted which will be far simpler if you have a Spanish will in place.

Darrel57

Posted: Wed Apr 18, 2018 2:44pm

Darrel57

Original Poster

Posts: 134

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Location: Los Balcones

Joined: 31 Mar 2018

Posted: Wed Apr 18, 2018 2:44pm

jimtaylor wrote on Tue Apr 17, 2018 6:56pm:

If neither of you have living parents or children, then under Spanish intestacy law the survivor of you both would inherit. However, I'm pretty sure that the survivor would incur costs in processing an intestacy claim that would be in excess of getting a notary to prepare a joint will.

Thanks Jim

Appreciate the advice

Darrel

Darrel57

Posted: Wed Apr 18, 2018 2:45pm

Darrel57

Original Poster

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Posted: Wed Apr 18, 2018 2:45pm

Andrew65 wrote on Tue Apr 17, 2018 9:46pm:

I have been told also that on the death of a partner you as the surviving part of the couple do not have automatic access to any joint accounts, they are frozen until probate is granted which will be far simpler if you have a Spanish will in place.

Thanks Andrew

Appreciate the advice

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dogsbody

Posted: Wed Apr 18, 2018 4:30pm

dogsbody

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Posted: Wed Apr 18, 2018 4:30pm

It would be sensible to have a Spanish will  & you should state that it is being drawn up under the regulation of your home country(Britain),unless of course you prefer the rules of Spain.It is much more regulated here than in UK as it will then be held in the registry in Madrid after being signed off by a Notario.So no chance of it getting lost or destroyed.There are lots of offices who will do the whole process for you,you only have to state your wishes & turn up at the Notary on a given date.He will state that he is Spanish but abiding by your wishes & that it is being described to you in your own language.Over the years I have made new wills from time to time but this business of stating your country is fairly new,came about because of the ,now,large number of different nationalities living in Spain all with differences in this regard.Strangely,I thought, I was able to include what I wanted to do with my assets in Gibraltar.But to make sure,I am having a will made out there too, maybe I'm just an old cynic who is double checking!

jimtaylor

Posted: Wed Apr 18, 2018 4:43pm

jimtaylor

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Posted: Wed Apr 18, 2018 4:43pm

It actually came about by an EU regulation (650-2012), so is pan-European.

I've not seen any relevant mention in the Brexit briefing notes, and just hope that the regulation continues to be applicable to us post-Brexit.

Mike E

Posted: Wed Apr 18, 2018 5:24pm

Posts: 46

14 helpful points

Location: Los Montesinos

Joined: 18 Apr 2018

Posted: Wed Apr 18, 2018 5:24pm

Simple answer - YES

UK assets = UK Will

Spanish assets = Spanish Will

Pam A

Posted: Wed Apr 18, 2018 8:45pm

Posts: 66

27 helpful points

Location: Torrevieja

Joined: 8 Aug 2017

Posted: Wed Apr 18, 2018 8:45pm

jimtaylor wrote on Wed Apr 18, 2018 4:43pm:

It actually came about by an EU regulation (650-2012), so is pan-European.

I've not seen any relevant mention in the Brexit briefing notes, and just hope that the regulation continues to be applicable to us post-Brexit.

Iv just made a Will in Spain cost 260 euro. I was told because I'm British I can leave my property to who ever I desire. Apparently Spanish can only leave to their children or parents. 

I bought my property from a lady recently widowed and she had to remove her husbands name off the deeds to sell the property which cost a few thousand Euro. 

dogsbody

Posted: Thu Apr 19, 2018 10:47am

dogsbody

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Joined: 19 May 2017

Posted: Thu Apr 19, 2018 10:47am

Quite right,Pam.My granddaughter is Spanish & will inherit from her relatives,same in France & other countries.This is why British buyers of some properties find difficulties when purchasing,often,an old house that has been passed down.It can have a number of names on the escritura & they all have to sign approval of the sale.

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