The firm assists families and individuals with international wealth in the organization and transfer of their assets linked to Spain. Each case is handled individually and with strict confidentiality, coordinating civil and tax matters across all jurisdictions relevant to the client's structure.
The firm assists in probate cases where the deceased, heirs, or assets are distributed across different jurisdictions. The work involves harmonizing the civil law and tax treatment of each country involved, ensuring that the transfer is completed in accordance with the deceased's wishes, without double taxation and without procedural discrepancies between legal systems.
Identification of the succession regime that governs the inheritance taking into account the nationality and habitual residence of the deceased, as well as the professio iuris admitted by Regulation (EU) 650/2012.
Quantification and presentation of the Inheritance and Gift Tax in the Balearic Islands, with application of the regional bonus of 100% for groups I and II in accordance with Balearic Law 6/2025.
Interlocution with the advisors of the deceased and the heirs in their jurisdiction of origin and activation, by way of agreement or unilateral deduction, of the mechanisms that prevent the same transfer from being taxed twice.
Management of the procedure for acceptance, partition and adjudication of the inheritance, up to the registration of the real estate in favor of the heirs and the fulfillment of the corresponding tax obligations.
Obtaining the certificate that proves the status of heir and guarantees the effectiveness of the succession throughout the European Union.
Legalization of succession titles issued outside of Spain through apostille of The Hague, sworn translation and validation.
Treatment of the case in which the personal law of the deceased, the Balearic civil law on the assets located on the island and the taxation of each State coincide, with resolution of the conflict of laws when different nationalities, residences or locations of assets converge.
Comprehensive review of the client's assets in all jurisdictions, with identification of tax and corporate risks and legitimate avenues for optimization.
Choosing the most suitable form of ownership for each asset (natural person, holding company, foundation or other figures depending on the jurisdiction), aimed at preserving the assets and an orderly generational transition.
Management of the Wealth Tax in the Balearic Islands, with application of the appropriate exemptions and mitigation strategies permitted by law.
Design of asset solutions under international agreements, taking into account the resident or non-resident status of the holder.
Moderation of the tax burden associated with the ownership and transfer of real estate and investments located in the Balearic Islands and abroad.
Drafting of the instruments that regulate the governance, access and transmission of family assets between generations.
The firm designs strategies for protecting and managing family assets tailored to each client's personal, tax, and inheritance circumstances. The aim is to preserve the value of assets and facilitate their future transfer, maintaining consistency between civil and tax regulations in all relevant jurisdictions.
The firm assists clients in making arrangements that ensure an orderly future transfer of assets in accordance with their wishes. Planning for succession in advance prevents family disputes, reduces tax costs, and provides legal certainty throughout the entire process.
Granting of a will in Spain with cross-border effectiveness, coordinated with the last will provisions in force in other jurisdictions.
Advice on the figures specific to Balearic civil law (definition, diffinitio and universal donation), which anticipate the transfer with immediate effects and a favorable tax treatment.
Comparative study between donation and inheritance, with tax simulation of both scenarios in each jurisdiction concerned.
Granting of powers that guarantee the administration of the assets in the event of a supervening incapacity of the owner.
Formalization of advance directives and advance directives in accordance with Balearic and state legislation.
When an inheritance involves real estate in the Balearic Islands and heirs residing in another jurisdiction, the legal and tax complexity multiplies: the personal inheritance law of the deceased, the Balearic civil legislation on the assets located here, and the taxes in each country involved all come into play.
The firm coordinates all aspects of the process to ensure the transfer is completed efficiently, with full compliance with obligations in each country involved and with double taxation duly neutralized.
Determination of the applicable civil law when different nationalities, habitual residences or locations of assets are involved.
Application of mechanisms —bilateral agreements, unilateral deductions— to prevent the same transfer from being taxed in two jurisdictions simultaneously.
Management of the Hague Apostille, sworn translation and validation of succession documents issued abroad.
Registration of the properties in the name of the heirs and fulfillment of the associated tax obligations.
It organizes the relationship into four successive phases and absorbs the continuous monitoring of the assets.
Comprehensive study of the client's financial, family and tax situation in all jurisdictions involved.
Strategy definition: ownership of assets, corporate vehicles and succession provisions.
Granting of wills, succession agreements and powers of attorney, and establishment of the planned corporate structures.
Periodic review of the strategy in response to any regulatory, family, or asset composition changes.
Managing cross-border assets requires legal precision and absolute discretion. Our firm safeguards the client's interests in the Balearic Islands and abroad, coordinates applicable laws with a strictly boutique and confidential approach, and ensures the seamless transfer of family legacy without unforeseen tax contingencies.
A complete understanding of the heritage prior to any recommendation.
Practice focused on cross-border succession and its civil and tax coordination.
Forecast of the tax burden on the ownership and transfer of assets.
Harmonization of concurrent regulations to eliminate gaps and contingencies.
Generally, the law of their last habitual residence applies. However, the European Succession Regulation allows for the designation of the law of nationality in a will, an option of particular interest to those who wish to avoid the forced heirship rules of Spanish or Balearic law.
Non-residents, both EU and non-EU citizens, can benefit from the tax breaks offered by the Autonomous Community of the Balearic Islands, which puts them on equal footing with local residents and substantially reduces their tax burden.
It is advisable. A will executed in Spain and limited to assets located within Spanish territory streamlines notarial and registry procedures at the time of death and avoids international translations and legalizations.
Mallorcan civil law allows for the early transfer of inheritance during one's lifetime through succession agreements, as defined here. This mechanism transfers assets in advance with advantageous tax treatment under the Inheritance Tax and without impact on the transferor's Personal Income Tax.
The firm offers an initial consultation in which it examines the client's situation and precisely defines the scope of the advice, without further commitment.
