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Inheritance

Posted: Mon Aug 8, 2022 10:00am
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patricia62

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Hi everyone, 

My husbands Mum died in January. Her house was sold prior to her death to pay off nursing home fees, there is some money left to be distributed between my hubby and his brother, my hubby is resident here in Spain, we both are, my question is does the inheritance need to be declared here? If so how do we go about that. Any advice appreciated. 

Patricia 

Posted: Mon Aug 8, 2022 11:42am

Jenni

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Posted: Mon Aug 8, 2022 11:42am

Hi Patricia, This depends on a few things, if the person that died was over 65 years and had lived in the house for over 3 years and that house was in Andalucia then there is no inheritance tax. If they lived in another province then different rules may apply.

Posted: Tue Aug 9, 2022 9:29am

DarioMartin

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Posted: Tue Aug 9, 2022 9:29am

patricia62 wrote on Mon Aug 8, 2022 10:00am:

Hi everyone, 

My husbands Mum died in January. Her house was sold prior to her death to pay off nursing home fees, there is some money left to be distributed between my hubby and his brother, my hubby is resident here in Spain, we both are, my question is does the inheritance need to be declared here? If so ho...

 

Read more...

...w do we go about that. Any advice appreciated. 

Patricia 

As the house was sold prior to her passing, the proceeds now just form part of her estate.  You will PROBABLY have to declare it BUT speak to a reputable Asesor(a) that can guide you in what declaration, if any, is required.  It may cost you 50€ or so, but I guarantee it will be money well spent

Posted: Tue Aug 9, 2022 9:43am

MaggieB

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Posted: Tue Aug 9, 2022 9:43am

If died in UK and house in UK then no.  However check with solicitor to be sure.

Posted: Tue Aug 9, 2022 9:44am

MaggieB

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Posted: Tue Aug 9, 2022 9:44am

Need to put on declaration of assets however if pay tax in Spain and you inherit it.

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Posted: Tue Aug 9, 2022 11:00am

patricia62

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Posted: Tue Aug 9, 2022 11:00am

Jenni wrote on Mon Aug 8, 2022 11:42am:

Hi Patricia, This depends on a few things, if the person that died was over 65 years and had lived in the house for over 3 years and that house was in Andalucia then there is no inheritance tax. If they lived in another province then different rules may apply.

Hi Jenni, 

I forgot to say his mums house was in The UK.  

Patricia 

Posted: Tue Aug 9, 2022 11:01am

patricia62

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Posted: Tue Aug 9, 2022 11:01am

MaggieB wrote on Tue Aug 9, 2022 9:44am:

Need to put on declaration of assets however if pay tax in Spain and you inherit it.

Thank you 

Patricia 

Posted: Tue Aug 9, 2022 11:02am

patricia62

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Posted: Tue Aug 9, 2022 11:02am

DarioMartin wrote on Tue Aug 9, 2022 9:29am:

As the house was sold prior to her passing, the proceeds now just form part of her estate.  You will PROBABLY have to declare it BUT speak to a reputable Asesor(a) that can guide you in what declaration, if any, is required.  It may cost you 50€ or so, but I guarantee it will be money...

 

Read more...

... well spent

Thank you Darío.

We will contact a solicitor. 

Patricia 

Posted: Tue Aug 9, 2022 11:08am

Jenni

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Posted: Tue Aug 9, 2022 11:08am

patricia62 wrote on Tue Aug 9, 2022 11:00am:

Hi Jenni, 

I forgot to say his mums house was in The UK.  

 

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Patricia 

Sent you a PM Patricia

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