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In both cases you must pay the taxes in order to get the inheritance
but if she chooses not to accept the inheritance what happens then?
The sum to pay will be different according to the place where the propiety are
the property is in Ibiza
If he does not accept the inheritance goes to another inheridators or the sapnish goberment in last place
The inheridator could go to thje notario and accept in special conditions
The spacial conditions are called BENEFICIO DE INVENTARIO
what would that mean?
It that means that she do not accept until the total sum is given
Its very nice in cases when we have not idea if the total sum is positive or negative
okay so what will the solicitor do when we see him?: I have emailed him copy of the will, escrutira, death certificates and bank details. Could we use the money from the bank to pay the taxes?
You have not to send money in advanced
Wait and ask for the total sum to get once the taxes are deducted
do not send money in advanced
what about the rule of taxes due 6 months from date of death? deceased died over 1 year ago
Nothing happens, she can get it now, May be the taxes goes higher
But if she goes and accept in beneficio de inventario she will take no risk at all
I recomend you to cantac this notaria
so she could get the total due and then decide? how long does this take?
Notario Mazaira Plaza de España, 1 Palma de Mallorca tel 971 100 [email protected]
This Notario will do his best for you
Honest people, not scamers, and profesional
i have contacted the bank about closing the account but it is still live and paying utility bills. Can we access this money now?
No, as long as the notario/judge do not make the procedure the bank will block the account
okay thank you i will contact the Notario.
Please to make a good rate of my service
If you dont do it the site do not pay me
Have agood day
okay will my card then be debited for £33?
Only if you make a good rate of my service
okay will do thanks again
Is there any way that my mother can "donate" the property to my brother and myself? also when she passes away does the whole situation arise again? i.e. pay taxes again?