Valuable tax savings can also be achieved with proper documentation.
But how do you go about creating a will in a different country and another language?
Find a legal expert who knows how to create a correct will in Spain
Find the right legal experts in Spain who can help you put together a will that ensures your wishes are carried out in full.
Think about which assets you want to include and who you want your property to go to
It is important to think ahead about exactly which assets you want to go where otherwise when the time comes, these decisions may be taken completely out of your hands and left to others to make on your behalf.
The process of making a will can be a difficult one. Not only does it mean that you need to consider your own mortality, but you also need to consider who you would prefer to benefit from your savings, your belongings, and perhaps even your house. While making important decisions regarding your will may not be easy, it will make things easier for those you leave behind. Additionally, failing to plan your will could result in your savings, your belongings and your house being left in the wrong hands.
Plan for other issues, including long-term care
Creating your will is a very important procedure, and allows you to consider a number of important planning issues, including what to do about your long-term care.
When creating your will, think about whether you are concerned with long-term care fees and managing care options.
It is also important to consider whether you are concerned about what will happen to your assets if your partner remarries after your death. Will your children still receive what you intended?
Similarly, what happens if you leave your assets to your children and they get divorced, or if you leave your assets to your partner or children and they have financial difficulties?
A final consideration is if you were unable to manage your financial affairs or personal welfare due to some form of incapacity, who would you like to act on your behalf?After you have made your will to ensure that your assets go where you want them to when the time comes, it is also essential to choose your pre-paid funeral plan, which will make sure that your wishes are carried out and your loved ones and not left with any further costs.
Your funeral plan will set out what you want from your funeral service, while their expert team can help you plan your funeral. This will save your loved ones having to plan your service in a different county and another language.
Contact Golden Leaves today to choose your pre-paid funeral plan from experts with years of experience in Spain.