When a usufructo clause is used in a Spanish will, the ownership of a property is split into two parts: bare ownership (nuda propiedad) and usufruct (usufructo). This legal structure gives one person the right to use the property, while another holds the title.
An executor (albacea) is responsible for handling the legal and practical steps after someone passes away in Spain; everything from settling debts and paying taxes to distributing assets and dealing with the notary.
For foreign heirs navigating the process can be daunting, especially without a clear ...
Spain’s inheritance system operates under “forced heirship,” which can surprise many expats. This legal structure means that a fixed portion of your estate must go to certain heirs, typically your children, regardless of your wishes.
Under Spanish law:
- Two thirds of the estate must be distributed am...
Brexit has changed many things, but it hasn’t removed the ability for British citizens to use English law in their Spanish wills. However, it’s more important than ever to update your documents.
Key reasons to update your will post-Brexit:
- Ensure continued clarity around the applicable law.
