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: the definition or diffinitio and the universal donation of present and future assets, which anticipate the transfer with immediate effects and a tax treatment subject to its legal requirements.
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.
Our working method is structured in three phases and includes continuous monitoring of the assets.
The firm analyzes the client's situation and determines the scope of advice needed. Initial consultation is free of charge.
The applicable tax, legal or property obligations are studied and a proposal for action is drawn up with a defined schedule and fees.
Implementation of the solution with access to the customer portal, periodic communications and continuous monitoring of the file.
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, may apply the tax regulations of the Balearic Islands when the greatest value of the deceased's assets and rights located in Spain is found in this autonomous community. In that case, acquisitions by individuals in groups I and II may qualify for the 100% regional tax credit if the requirements are met. Residency, kinship, location of the assets, and the connecting factor must be verified in each inheritance case.
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.
Balearic civil law allows for the early transfer of inheritance during the donor's lifetime through a definitio (a type of transfer agreement) and the universal donation of present and future assets. In groups I and II, a 100% regional tax credit on Inheritance and Gift Tax may apply if the requirements are met and the agreement does not generate capital gains tax for the donor. It should be noted that if the beneficiary transfers the assets within five years of the agreement's execution or before the donor's death, they assume the original value and acquisition date.
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.
