Many people shake their heads when they receive an inheritance and discover how much they have to pay just to accept it. However, what not everyone knows is that there is a legal way to accept an inheritance without having to pay a single euro out of your own pocket.
… He recently spoke on this subject. Manuel Requenaa well-known lawyer on social media for explaining legal issues in a clear and direct manner. In one of the latest videos posted on his TikTok account, he details the steps heirs must follow to avoid advancing money when accepting an inheritance.
As he explains, the usual problem is that, when inheriting, the Treasury first requires payment of inheritance tax, even before the heir can access the deceased’s money. “They force you to pay before you get anything,” the lawyer explains.
What many do not know is that the Inheritance and Gift Tax Act itself allows this tax to be paid with money left by the deceased person. To do this, simply submit documents which proves the status of heir – such as the death certificate, the will and the tax settlement – and ask the bank to make the payment directly to the Treasury. “This money comes from the deceased’s account, not yours,” says Requena.
@manuelrqna Did you know that inheritance tax can be paid with the deceased’s money without you having to take a single euro out of your pocket? Article 80.3 of the Inheritance and Gift Tax Regulations allows banks to directly issue the money needed to pay the tax from the deceased’s account, provided that you present documents proving that you are an heir. This is a completely legal mechanism that avoids unnecessary renunciations and liquidity problems in inheritances. If you are dealing with an inheritance and cannot advance the tax, this video will save you a lot of fear. . . .
♬ original sound – Manuel Requena | Lawyer
Furthermore, the lawyer recalls that it is essential to accept the inheritance inventory profit. Thus, if the deceased had debts, these will never be paid with the personal assets of the heir.
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