Drawing up a Spanish will is certainly not an unnecessary luxury when you own assets and/or property in Tenerife or Spain! The advantages of a Spanish will are:
Choice of law of succession (UK/…)
Avoiding worries for the next of kin
Faster settlement of the inheritance
Easier settlement of the inheritance
Cheaper settlement of the inheritance
The great advantage of having a will drawn up in Tenerife is that you can save your loved ones a lot of worries and money by having the UK law apply to your property in Tenerife. Your will does not need to have a distribution of assets. In this case the Spanish will merely shows who the heirs are and which national law is applicable, in this case the UK.
The advantage of this is that the heirs who do not live in Spain or who do not speak the Spanish language, will often benefit greatly from this. It is true that such a will ensures that the will in the country of origin does not need to be translated and also does not need to be examined by the Spanish notary. This makes the procedure a lot faster and cheaper. A Spanish will with the indication of the heirs and the indication of which law of inheritance is applicable, is therefore highly recommended by us.
In consultation with you, Seb Leeson & Co will prepare your Spanish will and have it drawn up by the notary so that you and your next of kin will be spared extra worries! Fill in the form for each person who wishes to draw up a will and we will get to work!