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The Spanish coin that can make you earn more than 1.500 euros – It has excess metal

This is the cheapest municipality in Spain to buy a home, according to CaixaBank

Keep in mind that the will is divided into three thirds. One third of the legitime is allocated to the corresponding forced heirs according to the line of succession and in equal parts. In the improvement third, the inheritance is also divided equally among the forced heirs, although the testator has the power to benefit one heir over another.

In this sense, making a will has numerous advantages in this regard, while its drawbacks are minimal. Experts in the field always recommend signing this official document, because it offers great benefits to the testator and also has a positive impact on future heirs. However, an inheritance without a will can lead to different problems. One of them is that conflicts are generated between the possible heirs due to the inheritance. In addition, if a deceased person does not have forced heirs and has not made a will, his assets and properties can pass into the hands of the State.

Advantages of making a will

With all this, making a will entails the following advantages, to be taken into account by citizens:

• Spouse will be able to enjoy the inheritance: If a person dies without a will and has direct descendants and ascendants, the spouse will not have the right to the inheritance.
• Will of the deceased: The distribution of their assets and assets is carried out under the will of the testator, always under the established legal framework.
• Simpler process: By following the guidelines of the will, the inheritance distribution process becomes simpler, avoiding possible adverse situations.
• It's simple: Making a will before a notary public is a simple procedure. Simply, the testator must go to the notary with the DNI and leave his last wishes in writing.
• Allows disinheritance: Although very specific conditions must be met, through the will, a person can disinherit one of the forced heirs included in the Civil Code. In any case, a series of key elements must be accredited.

Another key element is that the will can be modified during life as many times as the testator wishes. Although, each time a modification occurs, it is necessary to pay the corresponding price of this variation, which is usually not very high.

An inheritance with a will is distributed based on what the testator has established in his will, always respecting the legal limits. However, when there is no will, the inheritance is distributed according to the existing succession line of forced heirs. The problem comes when a person dies without a will and has no forced heirs.

In principle two situations can be distinguished. On the one hand, the cases in which the deceased has left his will printed in a will. On the other, the cases in which there is no such document. In the first, there is not much discussion. The last will of the deceased is simply read and his assets are distributed accordingly. From there, it only remains to accept what is written or explore the means of challenging wills.

But there are certain events that can change a person's heir apparent status. While in the case of descendants or ascendants it will be necessary to disinherit them, the spouses will cease to be future heirs only by signing the divorce papers. Although it may not seem like it, the annulment of a marriage influences wills and the distribution of inheritances more than is thought.

Keys to detect fraudulent SMS with the intention of stealing bank details

Keys to detect fraudulent SMS with the intention of stealing bank details

The open will is the most used modality among the population in Spain. It is about making a will before a notary, with the advice of this professional. Thus, the notary professional must ensure that all legal requirements are met and that the official document is valid.

In principle, the answer to this question is negative, but there are cases based on the law that contemplate the situations in which a person can obtain the monthly amount of money that the deceased received, or at least part of it.

This is the advice that OCU launches to those who have savings in their account

   

A very frequent question when we consider how to transmit assets to our relatives, loved ones, charitable institutions... is what is better: inheritance or donation. These are the two main ways that we have to transfer the ownership of our possessions and, although the answer to this question should ideally be simple, the truth is that there are many factors that you must take into account before being clear about which one. of these two paths suits you better. What is the difference between a donation and a will, and which of the two is more convenient?

Leaving assets in inheritance or receiving them can generate economic problems if both processes are not well managed. Not making a will, not respecting the legitime, not knowing that in addition to assets, debts are inherited or not calculating how much it costs

Thus, in the distribution of any inheritance, it is always necessary to take into account the legitimate one. In addition, other key factors are also involved, such as whether or not to make a will. Likewise, the number of heirs or the type of inheritance to be distributed also influences.

The controversy is served, after she herself has assured on television that she had been appointed as such to "protect" the artist's daughter against the rest of her relatives. From here, we get in touch with an expert in legal matters with the aim of clarifying our doubts.

The main reason that has led the heirs to repudiate them is that accepting them can lead to more costs than benefits because they have to pay the inheritance tax and assume the debts of the deceased if they have them.

All this, after the announcement by the European Central Bank (ECB) to raise general interest rates to try to curb the rise in prices caused by inflation. A scenario that has not been contemplated for eleven years, in which the highest continental economic body advanced a first increase of 25 basis points for July, and another, still unspecified, for the month of September.

According to these data from the General Council of Notaries, in 2021 there were 174.866 total donations (of homes, goods, foundations, NGOs...), that is, an increase of 30,7% compared to 2021, which It was a historical record.

The large local corporations foresee a 25% drop in the collection of the Tax on the Increase in the Value of Urban Land, known as municipal surplus value, due to the reform of the tax, which allows the taxpayer to choose whether to pay for the real profit or by the result of applying the objective system in the sale of land or property.

In recent years, the number of older people who have felt abandoned has increased. It has also been shown that, at the time of writing the will, there is no possibility of alleging this feeling of abandonment as a cause to disinherit the most direct descendant, it would be necessary to include disaffection or serious neglect as a justified cause, to avoid the right to receive the legitime, by which a child can never be completely disinherited, only in extreme cases.

The process of selling a home involves a series of administrative procedures including the rendering of accounts to the treasury once the operation has been carried out. the seller of a house must face the payment of three taxes: 

• IRPF for capital gain
• plusvalía municipal (IIVTNU)
• Real Estate Tax (IBI)

El Government of Spain It has raised minimum and non-contributory pensions by 3%, while the increase in contributory pensions, which includes the widow's pension, is 2,5%. A measure proportional to the rise in the Consumer Price Index (CPI), the highest in 29 years, according to data from the National Institute of Statistics (INE).

There are taxes, such as that of patrimony or inheritance and donations, in which the autonomies have full competence. This means that they can apply bonuses and donations, in addition to the possibility of modifying the rates, which makes living in one community or another more attractive for according to which people. For this reason, María Jesús Montero, Minister of Finance, elaborates a plan to equalize these taxes.

One of these benefits is the pension. And it is that every worker generates, throughout his life, rights in the public system that allow his cohabiting relatives and dependents to have the option of an economic benefit after his death.

The Constitutional Court has knocked down the municipal capital gain, as the Tax on the Increase in the Value of Urban Land that is charged by municipalities is known (although it is a voluntary tribute and there are many municipalities that do not charge it). These capital gains are paid when a property is sold or donated, but also when an inheritance is received.

It is because of all these questions that the number of inheritance waivers has increased in recent years, since many potential heirs were only going to receive debts or could not afford to pay the taxes that it entails.

One of the basic concepts that we must handle when we talk about inheritances and successions is that of the legitimate one, closely related to the definition of the so-called forced heirs. As our Civil Code explains, certain people, due to their degree of kinship with the deceased, have the right to inherit a certain proportion of the inheritance by law, without being denied this right when signing a will.

Inheritances are usually a matter that generates a multitude of bureaucratic problems as soon as a relative dies. Many of these are due to the ignorance of the parties involved to what they are entitled or not once the imminent collection of the amount to be inherited is going to be made. The consequences of these errors can range from fines to the null declaration of the will. However, one of the fundamental aspects of this process is to know the details of the Inheritance and Gift Tax.

The third improvement is included in Article 808 of the Civil Code, which states that: "Two-thirds of the hereditary assets of the parents constitute the legitimate rights of the children and descendants. However, they may dispose of a part of the two that form the legitimate, to apply it as an improvement to their children or descendants. The remaining third part will be freely available. When one or more of the heirs are in a situation of disability, the testator may dispose of the strict legitimate of the other heirs without disabilities

The death of a relative not only involves a painful loss, but also requires a series of long administrative procedures that can be tedious and tedious. This is the case of inheritance management, the acceptance of the will if there is one and discovering if there is any property in our name in the event that there is not, so as not to lose it.

The nephews concur in the inheritance with the widower. In the absence of descendants and ascendants, the widower is entitled to the usufruct of two thirds of the inheritance. However, in these cases, the heirs may choose to satisfy the widowed spouse his share of usufruct by assigning him a life annuity, a certain amount or by assigning him certain assets, if any.

When speaking of inheritances, the term 'legitimate' acquires great relevance. What exactly? To whom does it correspond and in what proportion? These are the usual questions that usually arise when the inheritance is distributed or when the will is granted, since it is necessary to take into account the legitimate one if the assets are distributed directly.

There are many reasons, and of all colors. But the truth is that, if one of the heirs does not want to sign, the division of the assets will be paralyzed: no money can be withdrawn from the accounts of the deceased, nor can the assets be distributed among the heirs. In other words, inheritance - large or small - is frozen.

Everything has its pros and cons and there are differences between one system and another, although in the end the choice that is made will depend on a personal decision.

The common can be holographic (all of it must be written and signed by the testator), open (it can be oral or written and in it your last will is expressed to the Notary Public) or closed (it must always be written). But Spanish legislation also allows the possibility of special wills, and includes three in particular: the military will, the maritime will and the will made in a foreign country.

Tax planning of all kinds needs an in-depth study of the particular situation, and more if it involves the loss of assets that, perhaps, one day we may need. Based on the fact that it is a person with wealth to spare to think about giving away part of it, we find this type of approach at this time when it seems plausible to think of an increase in inheritance tax at the initiative of the Government central. What is capital gain.

The withdrawal in favor of the lessee is excepted both in the cases of division and adjudication of common property acquired by inheritance or legacy (art. 47.3 of the Urban Leasing Law of 1964), as in cases of division of common property, in the that the community members have priority to acquire the property with respect to the tenant (art. 50 of the same Law).

After the difficulties of dealing with the death of a close person, inheritance obligations can seem like an extra burden in the middle of mourning. For this reason, many people look for whatever means necessary to resolve the procedures involved in the transfer of assets. The agency is an ideal solution for some of these cases, but it is important to consider the economic impact that it can represent for the interested parties.