The international legacy – OTIS knows its way around the in Spain
Are you dealing with an inheritance with property in Spain? Our estate and inheritance law specialist Paula Verheul Campos answers some important questions. Thus, she indicates that even if Dutch law applies, it is important to follow the right steps! For example, a notarized deed of acceptance must always be signed in Spain, otherwise the property cannot be registered in the name of the heirs. We at OTIS Legal Group are happy to help you walk down the right legal path and take the complexities out of your hands.

What if there are multiple heirs?

Do you want to retain co-ownership or still prefer to ensure that ownership is awarded to one person? Or perhaps you don’t want to have ownership at all and would rather sell the property to a third party?

At OTIS, we are happy to look at the various options together. For example, a deed must be signed if co-ownership is transferred to one person. In case no agreement is reached between the parties involved, you may have to go to court. Our lawyers can assist you with that, too.

What about the tax you have to pay as an heir?

We strongly recommend that you seek legal advice before, for example, filing your estate taxes without surcharges or requesting a deferral for this purpose. Did you know that asking for deferral, for example, in some cases, combined with other actions, can be seen as tacit (pure) acceptance of the inheritance? And that then the possibility of acceptance with privilege of inventory in case of existing debts (which is a benefit acceptance) is excluded? Avoid surprises in these complicated legal issues and engage an expert! At OTIS, we have years of experience assisting heirs. Our lawyers can even advise you in your own language.

Contact us

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OTIS Legal Barcelona

Rambla de Cataluña 73
08007 Barcelona
+34 93 272 50 98
barcelona@otislegalgroup.com

OTIS Legal Madrid

Príncipe de Vergara 73
28006 Madrid
+34 91 521 37 86
madrid@otislegalgroup.com

OTIS Legal Mallorca

La Rambla 13
07003 Palma de Mallorca
+34 97 171 33 95
mallorca@otislegalgroup.com

OTIS Legal Ibiza

Calle Illa Plana 7
07800 Ibiza
+34 97 171 33 95
ibiza@otislegalgroup.com

OTIS Legal Marbella

Ramón Gómez de la Serna 22
29602 Marbella
+34 95 140 01 87
marbella@otislegalgroup.com

OTIS Legal Amsterdam

Prins Bernhardplein 200
1097 JB Amsterdam
+31 (0)20 820 35 89
amsterdam@otislegalgroup.com