News

News

Monday 8th July 2019

Good morning

 

Sterling had a slightly steadier week with GBP/EUR trading around the 1.1150 level and GBP/USD around 1.2520 - pretty much the same this morning.

A fairly quiet week too data wise.

 

Whilst on my travels and speaking to an independent Spanish solicitor about Spanish property, it came out in conversation how important it is to have a Spanish and an English will. 

 

Apparently, without a Spanish will, the authorities in Spain will ask for a UK Grant of Probate, and this will delay things and also, in cases when the Grant of Probate was not needed in the UK (no assets, or joint assets) they would still have to apply and risk paying more tax (the estate in Spain would be added in the calculation).

 

Just a thought…

 

 

Have a great week.