Since the death of any person, we inform you about the legal and tax procedures.
Filing deadlines:
Inheritances must be self-assessed within six months of the deceased's death. The statute of limitations for inheritance expires four years and six months after the deceased's death.
Self-assessment requires the inheritance deed along with the corresponding form; the granting of the inheritance deed can be postponed but not the self-assessment, for which it will be necessary to attach the corresponding form to a petition inventorying the assets, along with the will and the death certificate.
Tax Treatment:
Inheritance is subject to the Inheritance and Gift Tax, which is a tax transferred to the autonomous communities, and the treatment varies greatly depending on the autonomous community in question.
Documentation required:
Certificates of death and from the General Registry of Last Will Acts, along with an authorized copy of the will.
If there is a declaration of intestate heirs, an authorized copy of the deed, or testimony of the judicial act declaring the heirs.
Details of the heirs and spouse (if applicable). D.N.I.
Property deeds of the inherited assets.
Property tax receipts (IBI) for the last year.
Bank statements for securities, accounts, investment funds that are the subject of the inheritance, and transaction extracts from the previous year.
Any debts that may exist and expenses incurred directly due to the death.
