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financial advice -
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This follows on from a couple of answers he gave to questions posed about Spanish Inheritance Tax - just one of many money matter topics you often ask him about.
Robin's an independent financial adviser - his company fully regulated in Spain, plus other European countries.
And we're pleased to say he's kindly offered to answer any questions which may be worrying you regarding money matters.
Learn all about him on this page and, if you've a question ... just fill in the form you'll find there.
And now for that topic none of us like facing up to - making a will! ...
Your Question
Is it advisable to make a Spanish Will even if we already have an English Will?
Robin Answers ...
I had understood that it was a good idea as it makes things a lot simpler to sort out when dealing with Spanish assets. This now appears to be something of an understatement.
If you have a UK Will then, theoretically, this could cover Spain.
However, the problem comes with the fact that you speak English and strangely enough the authorities in Spain speak, wait for it, Spanish.
This means that all documents will need to be translated. That’s the death certificate, the Will and the Grant of Probate.
They will require apostils and ultimately the authorisation from the Notary in Spain.
There is no guarantee that the Notary will accept the wording of the English Will.
Keep it simple. Make a Spanish Will.
Making a Will does not mean you are going to die the next day, honest (my hand is firmly tocing the madera), and even if you did, what fantastic news for your inheritors. Not because you have died, but because you have not left them a mountain of problems.
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Have you a question you'd like to ask Robin? Just fill in the short form you'll find on this page. Or, read his other financial articles, which include ... |
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