At Advanta group we have over 18 years of experience overseeing inheritances and probate. We fully understand that this is one of the most difficult times anyone can go through. We make it our top priority to ensure that the process is smooth and straightforward for our clients from start to finish. Being with them each step of the way.
The process does vary depending on whether the deceased left a Spanish Will. If no Will was left, then we would have to begin the process known as the Declaration of Heirs (Declaracion de herederos). Depending on where the deceased was resident at the time of death, is where the process would begin.
If the unfortunate took place out of Spain, we would begin by having the necessary documents apostilled and then translated in to Spanish by an official translator.
The next step entails the identification of assets. We do a thorough check of any and all assets the deceased may have had, making it a swifter transaction for the heirs when signing the inheritance deeds in the Notary Public´s presence
If traveling to Spain is not an option, we can arrange for you to sign a power of attorney, regardless of your location.
If you would like to make it easier for your loved ones, and save them the burden of going through a long and cumbersome inheritance process, you can donate your property to the person of your choice. We can organize this for you.
It actually makes no difference with regards to a person being a resident or not in Spain when it comes to tax settlement, so long as the assets of the deceased were located in the Valencian Community. The only difference probably being where the taxes are sent to be settled, either the Central Revenue Department of Madrid or the Tax Revenue Office of the Valencian Community. We would always inform you of any fiscal updates that may affect you.
When you have assets in Spain, such as property, bank accounts, vehicles etc… it is strongly recommended you have a Spanish Will in place that complies with the law of your nationality. A good reason for having a Will in Spain is when it comes to carrying out an Inheritance; the process would be much simpler and economical for your beneficiaries, lessening the burden for them at an already difficult time. At Advanta Group, we can assist you in drawing up the Will in both English and Spanish; we accompany you to the Notary and translate for you in the Notary´s presence.
In the event that you find yourself in the situation that a loved one or friend has passed away and had assets in Spain, it is important that you or the beneficiaries/heirs/next of kin initiate the Inheritance and for that it is imperative that they are always assisted by professionals.
We can offer you our services, with over 18 years experience in managing Inheritance´s and Probate, saving you from the stressful trials and tribulations and making the process as simple as possible for you, always informing you of the stage of the process at the time.
It is important that all of the assets that the deceased possessed in Spain are known. We help you obtain this information in the event you have any doubts.
In the Inheritance Deed, it is vital to include all the assets of the deceased, be it properties, vehicles, bond/shares, bank accounts and so on, to avoid and unnecessary repetitions of the process.
In the event that the deceased passed away without making a Will in Spain, the process differs depending whether the deceased was a resident here or not. We assist you every step of the way whilst initiating the ´declaration of heirs´ be it in your country or in Spain.
If due to any circumstance it is difficult for you to return/come to Spain to carry out the inheritance, we can arrange for you to sign a power of attorney at a notary close to you. We would contact the notary and send them the relevant documents. Always making it as easy for you as possible.
If the deceased passed away in their country, we would take care of having the death certificate and any other document needed, apostilled and then officially translated.
We will inform you if you are obliged to pay inheritance tax or not and if you are to have them liquidated, being if you are resident in Spain or not.
We will always keep you informed and up to date in any new legislation´s that may affect you in this field.
We will manage this process for you smoothly, aiding in making it easy for you to close this difficult chapter of your life sooner.
Advanta Group, the law firm in Urbanization La Marina that you can rely on.