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A place in the sun

Jonathan Eshkeri considers the administration of an ?estate in Spain

15 March 2012

The administration of an estate in Spain is characterised by either one or two fundamental steps, depending on whether or not the deceased had a valid will. In the case of intestacy, a ‘declaration of heirs’ is required, whereby those entitled to represent all of the beneficiaries (often the children) sign a document that details the assets and liabilities of the estate, the names of those who are entitled to inherit the estate, and the nature and relative size of the various interests to be inherited.

The second step is for those entitled to inherit the estate in part or in whole, whether under the intestacy rules or by will, to ‘accept the inheritance’.

Specialist role

Documentation relating to the inheritance is signed before a notary, who must agree the content of each document. Where a valid will exists, only the acceptance of inheritance is required, as the will d...

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