Latest Inheritance news
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Inheriting a property is more profitable than receiving it during life, say TaxDown tax advisors. The key is the 'dead man's plusvalía'.
Inheriting does not require paying income tax on received assets, as they are taxed under Inheritance Tax. Lawyer David Jiménez explains the keys.
Isak Andic's children pay 60 million to the tax office and 27 million to the founder's ex-partner.
Inheriting over €9,450 may lead to the loss of SEPE benefits. The agency cross-references data with the tax office and requires inheritance notification within 30 days.
The Bank of Spain clarifies that the surviving holder of a joint account cannot access the money without consent from all heirs.