Wills
If you own any assets in Spain (such as home, vacation and/or
investment properties, bank account/s, business, auto/s), it is extremely
important to have a will prepared in Spain for these Spanish assets.
This legal document, witnessed by a notary and prepared by a
lawyer/solicitor, is a simple cost-effective process that offers protection and
peace of mind.
If you do not have a will in Spain, your assets will need to go
through probate — an extremely long, complex, and expensive process. All of
your assets will be frozen and blocked during the time the probate is taking
place. No one will be able to access bank account funds, sell properties,
investments, or cars. Only a will can prevent this from happening.
The Jose Maria Ruiz Castillo firm has prepared over 1000+
wills. Jose Maria can offer helpful advice based on his years of
experience regarding wills/taxes/immigration for expats, Spanish
residents and citizens, and those owning Spanish assets or preparing to
purchase property.
