Author: simonsg44
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Selling an Inherited Property in Tenerife: What You Need to Know
A lot of people who inherit property in Tenerife eventually decide to sell it. Sometimes the heirs live abroad. Sometimes the family simply prefers to divide the money rather than keep the property. And occasionally nobody really wants the responsibility of maintaining it. Whatever the reason, selling an inherited property is fairly straightforward once the…
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Step-by-Step: How to Claim an Inheritance in Tenerife
If you’ve inherited property or assets in Tenerife, the process can seem confusing at first. Different country. Different paperwork. And usually a few documents you’ve never heard of before. The good news is that the system itself is fairly structured. Once the paperwork starts moving, it tends to follow a clear sequence. Here’s how it…
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Inheritance Tax in Tenerife: Who Pays and How It Works
One of the biggest surprises for many families inheriting property in Tenerife is the tax situation. Spain used to have a reputation for high inheritance tax. But the Canary Islands now have one of the most generous systems in the country. In many cases, the tax bill ends up being almost nothing. Here’s how it…
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Do You Need a Spanish Will If You Own Property in Tenerife?
If you own property in Tenerife, a Spanish will isn’t strictly required. But in most cases, it makes life much easier for the people who deal with things after you’re gone. Many expats assume their UK or home-country will is enough. Technically it is… but relying on it alone can slow the whole process down.…
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Who Inherits What in Tenerife? Understanding Spanish Forced Heirship (Simple Guide)
When someone dies owning property in Tenerife, Spanish inheritance law usually applies. One of the key concepts to understand is forced heirship. In simple terms, Spanish law protects certain family members by guaranteeing them part of the estate. So unlike some countries, you can’t always leave everything to whoever you choose. Here’s the straightforward version…
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Inheritance in Tenerife: A Simple Guide for Expats
If you’ve inherited a property or other assets in Tenerife, the process can feel confusing, especially if you live abroad. This guide explains everything in clear simple terms. Inheritance in Tenerife…What to Expect (and Why It’s Simpler Than You Might Think) Not the most exciting topic, but one that matters. Especially if you’ve inherited a…