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Reserved portion or “Legitima” The reserved portion or “Legitima” restricts the freedom to dispose of one’s estate in the form of a will and it’s determined either by the Civil Code or by the laws of the autonomous community some cases. In this Article we will speak about the Civil
One of the primary reasons our Birmingham attorneys in the probate division of Parkman & White, LLC are contacted is to create a legal business entity to protect the owner from personal liability. There are many entities our Birmingham probate attorneys utilize to meet these needs, including corporations, limited liability
THE INHERITANCE TAX IN SPAIN Post regarding Spanish inheritance tax levied on capital gains obtained through inheritance by individuals. Let’s analyze the general scheme. In some Autonomous Regions there is much more favorable tax regime (inherit is much cheaper) than in the rest of Spain. The criterion for the application
(Spanish Law) Could it be possible to get Bankruptcy by inheriting a property? Yes. Weeks ago some news shocked everyone in the newspapers of Spain, an old woman from Jaén, after losing her daughter by her partner, was obliged to pay the debts of both, having accepted the inheritance of his
By Faye Remnant The legal rights and responsibilities of mothers and fathers are known as ‘parental responsibility’. The most important duties of someone with parental responsibility are to protect and maintain the child, provide the child with a home, consenting to medical treatment, looking after the child’s property, disciplining the
INHERITANCE IN THE ABSENCE OF A WILL IN SPAIN In Spain, when there is no will, the Civil Code determines the principles to respond the question, who inherits? Applying to the various possible situations: If the deceased was unmarried and had no children, the parents inherit. If there are no parents,
By Emma Fuller We understand that some people are nervous of approaching Solicitors if they need help with Probate as there are concerns of the costs. However, not everyone charges in the same way. We have several pricing options, which helps families to get the help they need, but gives
A power of attorney is a document signed by an individual (the donor) which gives authority to another individual, or individuals (the attorneys) to act on the donor’s behalf – usually in relation to financial affairs and property. Why do I need a power of attorney? The society we live
It has been revealed that £4 billion could potentially be generated for the charity sector if solicitors simply asked those writing a will to leave a donation to a charity. The Cabinet Office Behavioural Insights Team have discovered that when solicitors mentioned the idea of leaving money to charity during
Contentious Probate claims are one of the biggest areas of litigation and put simply, are claims challenging the validity of a will when the testator passes away and in some cases, the distribution of the assets in the testator’s estate. The effect of a contested probate claim on beneficiaries and
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