INHERITANCE IN SPAIN
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In Spain, inheritance is governed by the laws of succession and the provisions of a person’s will, if they have made one. When a person dies, their assets are distributed to their heirs according to either their will or the laws of succession.
Under Spanish law, there are two types of inheritance: forced inheritance and voluntary inheritance. Forced inheritance refers to the distribution of a person’s assets according to the laws of succession, regardless of what may be stated in their will. Voluntary inheritance refers to the distribution of a person’s assets according to their will.
If a person has made a will, their assets will be distributed according to the provisions of the will. If they have not made a will, their assets will be distributed according to the laws of succession. Under the laws of succession, a person’s spouse and children have the right to inherit a certain percentage of the deceased person’s assets. If the deceased person has no spouse or children, their assets will be inherited by their parents, siblings, and other relatives in a specific order of succession.
It is important to note that the laws of succession can vary depending on the region where the deceased person lived in Spain, as some regions have their own inheritance laws. It is also worth noting that the laws of succession in Spain are generally more favorable to descendants (children, grandchildren, etc.) than to ascendants (parents, grandparents, etc.), so it is common for people to make a will in order to specify how they want their assets to be distributed.
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