Management of

Inheritances and Donations

Inheritances and Donations

We have a tax department specialized in matters of inheritances and donations. We carry out any management and processing related to the process of transferring the assets.

We provide services related to:

  • Preliminary study and advice, tax planning for taxes surrounding the donation or inheritance.
  • Request for Death Certificates and Last Wills.
  • Management and advice during the probate process of your inheritance (notary procedures, registration of assets and rights).
Documents

We help you plan the transmission of wealth through inheritance or donation.

We take care of everything so that you don’t have to worry about this issue and we provide you with the following services:

  • Advice and support throughout the inheritance process.
  • Obtaining a death certificate and last wills.
  • Obtaining Certificate of Death Coverage Insurance Contracts
  • Acceptance or renunciation of inheritance.
  • File of declaration of Heirs ab intestate.
  • Settlement of Inheritance tax (forms 660 and 650, depending on each Autonomous Community).
  • Tax on the Increase in the Value of Land (Municipal Capital Gains).
  • Registration in the appropriate registries.

Do you want to grant your will or advance the transmission of your heritage through Donation and pay the minimum?

Currently, due to certain tax benefits, it is very common to consider advancing the transfer of assets before death from parents to children, and more specifically that of real estate. In this regard, there are two possible options: donate the assets or wait for them to be transmitted with the inheritance. In order not to leave the decision to chance, we advise you on the management of the Inheritance and Donation tax so that you benefit to the maximum from the current 99.9% bonus in the Canary Islands on said Tax and values ​​depending on the tax costs and your circumstances. personal, what is the best option. In this sense, it is necessary to previously analyze the fiscal repercussions of the following taxes:

  • The Inheritance and Donation Tax (ISD).
  • The Personal Income Tax (IRPF).
  • The Wealth Tax (IP).
  • The municipal tax on the increase in the value of urban land (Municipal Plusvalía).

In Spain, the Inheritance and Gift Tax is devolved to the autonomous communities, each of which can regulate key aspects such as:

  • Allowances and reductions
  • Tax rates (how much is paid)
  • Tax-free thresholds
  • Tax benefits depending on kinship

For this reason, the final amount to be paid can vary significantly from one region to another.

📍 Example: Canary Islands

  • This tax is known for being more favorable than in other regions, especially for direct relatives.
  • There is a very high allowance (up to 99.9%) for inheritances and gifts between close family members (Groups I and II: children, parents, and spouses).
  • This means that, in many cases, the tax payable is very low or almost zero.
  • There are also specific reductions for the main residence, family businesses, and other situations.

Inheritances and Donations:

We help you plan the transfer of assets

We take care of everything so that you don’t have to worry about this matter, and we provide the following services:

  • Advice and support throughout the entire process
  • Obtaining the Death Certificate and Certificate of Last Wills
  • Obtaining the Certificate of Life Insurance Contracts
  • Acceptance or renunciation of the inheritance
  • Processing of the Declaration of Heirs (with or without a will)
  • Settlement of Inheritance or Gift Tax (forms 660 and 650 or 651, depending on each Autonomous Community)
  • Municipal Capital Gains Tax (Tax on the Increase in Urban Land Value)
  • Registration with the relevant registries
Tell us about your case and our team will review it individually.

Contact form for inheritances and donations