From the passing of any person, we inform you about the legal and tax procedures.

Filing deadlines:

The Inheritance Tax return must be filed within six months of the death of the deceased. The statute of limitations for inheritance is four years and six months from the death of the deceased.

The tax return requires the inheritance deed along with the corresponding form; the execution of the inheritance deed may be postponed, but not the tax return for which it will be necessary to attach to the corresponding form a request listing the assets, along with the will and the death certificate.

Tax treatment:

The inheritance is subject to the Inheritance and Gift Tax, which is a tax transferred to the autonomous communities, and the treatment varies significantly depending on the Autonomous Community in question.

Documentation required:

• Death certificates and certificates from the General Registry of Acts of Last Will, along with the certified copy of the will.

• In the case of declaration of intestate heirs, the certified copy of the act, or a copy of the judicial order declaring the heirs.

• Details of the heirs and spouse (if any). DNI.

• Title deeds of the inherited assets.

• Receipts of the Real Estate Tax for the last year.

• Bank statements of securities, accounts, investment funds that are part of the inheritance, and statements of operations from the previous year.

• Debts that may exist and expenses incurred directly related to the death.