A spanish will is not absolutely necesary in Spain although is highly
recommendable. The truth of the matter is that many people avoid
drawing up such documents since death is not an issue at a certain
period of life. However, any asset proprietor in Spain should arrange
his post-death affairs properly so their heirs don't need to be involved
in time consuming and expensive legal procedures... an experience
not recommended by those who have experienced it!
A Will should include:
- A draft in both in English and Spanish of the Will document.
- Assistance before the Notary Public.
If a foreign resident dies in Spain without a will, their estate
will be distributed according to the Spanish laws of succession.
Those laws are as follows:
Where a person dies leaving children, one third of the estate must
be left to surviving issue in equal parts. Another third must be
left to the surviving children but may be divided as the testor pleases.
A survviving spouse will have a lifetime interest in this third.
The remaining third may be willed to whomever the testor pleases.
A foreign will may cover your Spanish assets but the legal procedure
to enforce it in Spain can take a long time, is expensive and is
subject to the court's discretion.
Without a will your heirs will be involved in time consuming expensive
legal procedures. Furthermore if you have definite ideas on how you
require your estate to be distributed then you must make a Spanish
will.
Upon making a Spanish will, you must ensure that your foreign will
excludes Spain and that any subsequent will you make in another country
does not supercede the testamentary dispositions under your Spanish
will.
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