SUMMARY OF THE ARTICLE 1.- Testamentary freedom. Those with no forced heirs may freely leave their estate to a charity. Where forced heirs exist, their entitlement must be respected, and only the freely disposable portion could go to the charity. 2.- Taxation of the beneficiary organisation. Legal entities are not subject to Spanish Inheritance and […]
SUMMARY OF THE ARTICLE 1.- Land Registry and physical reality. It is common for building works carried out over the years — extensions. Swimming pools. Porches. Etc. — not to have been recorded in the Land Registry. This discrepancy can cause problems and delays when the property is to be bought or sold. 2.- Declaration […]
SUMMARY OF THE ARTICLE 1.- An up-to-date will. The first step towards getting your affairs in order, and the most important one, is having a valid, up to date will. Review it after significant family or financial changes, so it reflects your genuine last wishes. Assuming a will isn’t necessary, because your children or spouse […]
