By Sally Underwood • 11 October 2021 • 10:55
How to create a will with Golden Leaves International. Image: Wikimedia
Golden Leaves International says that making sure that your property and assets are set out in a correct and locally compatible will can avoid leaving your loved ones with a lengthy and expensive legal succession process, and confusion as to your intentions.
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.
Golden Leaves are in touch with 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?
Golden Leaves can point you to legal experts who can help you through all of these issues and ensure that when the time comes your wishes are fully carried out.
The company can also help find the right funeral plan for you so that your loves ones are not left with expensive costs and the difficulty of planning a funeral in a foreign country.
Contact Golden Leaves International to start planning your will and pre-paid funeral with experts with years of experience in Spain.
To find out more about Golden Leaves Funeral Plans and how they can meet your needs, visit their website or contact them.
www.goldenleavesinternational.com • [email protected]
• Facebook: goldenleavesspain
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Originally from London, Sally is based on the eastern Costa del Sol and is a journalist for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at [email protected]
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