Do I need to change my U.K. will?
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Do I need to change my U.K. will?
We each made a will in the U.K. prior to moving to Spain. Since being here we have also each made a spanish will.
I have seen comflicting advice about whether or not we need to alter our U.K. will as it refers to it being our Last Will and Testament, and clearly that is no longer the case.
Some say that each country will respect the will made in that country, i.e. our spanish will deals with our villa here and any savings, and our U.K. will covers our U.K. assets.
I would rather not pay our U.K. solicitor to amend the will if it is not necessary, but if it is, I want to make sure our daughter does not have any problems in the future.
Any advice appreciated.
Alan
I have seen comflicting advice about whether or not we need to alter our U.K. will as it refers to it being our Last Will and Testament, and clearly that is no longer the case.
Some say that each country will respect the will made in that country, i.e. our spanish will deals with our villa here and any savings, and our U.K. will covers our U.K. assets.
I would rather not pay our U.K. solicitor to amend the will if it is not necessary, but if it is, I want to make sure our daughter does not have any problems in the future.
Any advice appreciated.
Alan
Remember that everything that Fred Astaire did, Ginger Rogers did too; except she did it backwards and wearing high heels!
- Chalky
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We have made wills in Spain but not in the UK. We have been told that we should make English wills and that both Spanish and English wills should refer to all our assets and should cross-refer to each other.
That'll be £1,000 thank you (well that's what the advice cost me, but there was some other stuff as well!!).
That'll be £1,000 thank you (well that's what the advice cost me, but there was some other stuff as well!!).
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Sorry Chalky but the advice was wrong.
Your Spanish will should only refer to your assets in Spain and your UK will to your assets in the UK.
This is because your Spanish will refers to your wealth, rights assets and shares generally in Spain at the time of your death. You do not need to be specific about the identity of the property so if you sell one house and buy another it doesn't matter.
If you try to cross reference your assets you will get into a terrible mess.
Your Spanish will should only refer to your assets in Spain and your UK will to your assets in the UK.
This is because your Spanish will refers to your wealth, rights assets and shares generally in Spain at the time of your death. You do not need to be specific about the identity of the property so if you sell one house and buy another it doesn't matter.
If you try to cross reference your assets you will get into a terrible mess.
- Martin Page
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Its a very good idea to Cross reference your Wills AND - Importantly - Define wich will is the dominant will ....
By that I mean that one of the Will should Liquidate all the assest in that country and forward them to the other will for distribution to the benificaries.
You need to actually say that in both wills
This way you can select which countries common law you will use in the event of a dispute and for tax purposes !
By that I mean that one of the Will should Liquidate all the assest in that country and forward them to the other will for distribution to the benificaries.
You need to actually say that in both wills
This way you can select which countries common law you will use in the event of a dispute and for tax purposes !
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Just spoke to OH before she gets her coat off and settles down.
She said there are a lot more possible complications but to simplify.
If you want to make a will in Spain you take your English will over and the Spanish will is made to revoke all other wills apart from the English one.
Vica verca if a client who has property and assets in Spain and has a Spanish will comes to see her she will make the English will to revoke all previous wills apart from the said Spanish one.
She said depending on domicile you can include Spanish monies in the will but not property.
Apparantly it is down to yourself to let the solicitor know about the other will so as not to revoke it so as they may run side by side as they relate to different assets in different countries.
Kenny
PS Hope I've relayed this ok.
She said there are a lot more possible complications but to simplify.
If you want to make a will in Spain you take your English will over and the Spanish will is made to revoke all other wills apart from the English one.
Vica verca if a client who has property and assets in Spain and has a Spanish will comes to see her she will make the English will to revoke all previous wills apart from the said Spanish one.
She said depending on domicile you can include Spanish monies in the will but not property.
Apparantly it is down to yourself to let the solicitor know about the other will so as not to revoke it so as they may run side by side as they relate to different assets in different countries.
Kenny
PS Hope I've relayed this ok.
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I am still confused; my spanish will refers to the fact that it applies to my spanish assets and that any assets out of Spain are dealt with by a separate will.
However the U.K. will makes no reference to the spanish will; it looks like I will have to get it amended to at least mention that the spanish will deals with the spanish assets.
Alan
However the U.K. will makes no reference to the spanish will; it looks like I will have to get it amended to at least mention that the spanish will deals with the spanish assets.
Alan
Remember that everything that Fred Astaire did, Ginger Rogers did too; except she did it backwards and wearing high heels!
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Yes, I made the U.K. will first. That is the worry as it says it is my last will, and clearly that is no longer the case as I have now made a spanish will.Alan, which will did you make first? If you made the English will first it seems ok.
Alan
Remember that everything that Fred Astaire did, Ginger Rogers did too; except she did it backwards and wearing high heels!
- RichardCoeurdeLion
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The wording in the Spanish will regarding revocation is (should be) 'S/He revokes no previous wills provided they do not contradict this one'
This was changed in the early 1990s from 'S/He revokes all previous wills' for this very reason.
If you wish to change a Spanish will you effectively make a new one and specifically revoke the previous will granted before xxxx on xxxx with protocol number xxxx in much the same way as you revoke a power of attorney.
This was changed in the early 1990s from 'S/He revokes all previous wills' for this very reason.
If you wish to change a Spanish will you effectively make a new one and specifically revoke the previous will granted before xxxx on xxxx with protocol number xxxx in much the same way as you revoke a power of attorney.
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