Service
Inheritance & Donations
Comprehensive advisory on inheritances, legacies, and donations between individuals and businesses, with the best possible tax planning under Spanish law.
What's included
Full management of the succession process.
From valuing the estate to completing the Land Registry registration, we coordinate every tax and notarial step on your behalf.
Inventory and valuation of estate assets
Identification, inventory, and tax valuation of all assets and rights forming part of the estate: real estate, bank accounts, investment funds, vehicles, and life insurance policies.
Inheritance and Donations Tax (ISD) filing
Calculation and submission of the ISD in the Valencian Community, applying all available regional reductions and exemptions to minimise the tax burden on beneficiaries.
Distribution of assets among heirs
Advisory on the preparation of the partition deed and the equitable distribution of the estate in accordance with the testator's wishes and applicable Spanish inheritance law.
Notary and Land Registry proceedings
Coordination with the notary and registration of assets at the Land Registry and Cadastre, ensuring the correct legal transfer of ownership to all beneficiaries.
Gifts with retained usufruct
Planning and formalisation of lifetime gifts that allow the donor to retain the use and enjoyment of the donated asset, optimising the tax impact of the transfer.
Family business succession (95% reduction)
Application of the 95% ISD reduction for the transfer of business assets and family company shares, ensuring business continuity and protecting the family enterprise.
Why GCT1
Planning and peace of mind when it matters most.
A poorly managed inheritance can lead to family disputes and an unnecessarily high tax bill. At GCT1 we coordinate both the tax and legal sides of the process, ensuring everything is orderly and fair for all heirs.
Forward succession planning — lifetime gifts, family agreements, family business protocols — can significantly reduce the impact of the Inheritance and Donations Tax and protect the continuity of the family estate.
- Tax and legal coordination under one team
- All available regional reductions applied
- Family business succession advisory
- Support at every notarial and registry step
Do you need to manage an inheritance in Spain?
We guide you through every step. Book a free, no-obligation consultation.