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Do you have any deceased relatives in Spain? You may be able to inherit thousands of euros from unused property - Olive Press Spain News

Do you have any deceased relatives in Spain? You may be able to inherit thousands of euros from unused property - Olive Press Spain News

Do you have any deceased relatives in Spain? You may be able to inherit thousands of euros from unused property - Olive Press Spain News

Were your goals for2022 to win the lottery or find a treasure? Perhaps we have found a simpler way to acquire wealth. Searching for your surname in the list of unclaimed properties may be the first step towards you becoming the heir to a fortune..

Every year, around100 million euros worth of property in Spain goes unclaimed after the death of owners who did not make a will or designate an heir to receive their assets. Approximately40% of Spaniards do not make a will, which means that if their legal heirs cannot be found, their assets pass to the state. In the case of Spain, this amounts to around83 million euros over the last decade..

The relatives then have the right to file a claim for a share of the inheritance.

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Spanish law allows relatives up to the fourth degree of consanguinity to inherit property, including great-grandchildren, cousins and great-grandparents.

If someone dies in Spain without having made a will or named an heir to their fortune, notaries are required to contact all possible heirs, which is traditionally done through the Official Bulletin of Spain (BOE). While notaries try to find all relatives who are eligible to inherit a fortune, very few people outside the government actually read the BOE.

But it's now much easier to make a claim on unwanted estates thanks to Coutot-Roehrig, Europe's largest heir search company, which goes to great lengths to contact people from all over the world who own estates.

In the UK, the list of uninherited estates is held by the government's Bona Vacantia unit and is updated daily. You can also check whether you are entitled to inherited assets in the UK, even if your relative died in Spain.

The list of uninherited estates in the UK is held by the government's Bona Vacantia unit and is updated daily. One way to check if any of your possible relatives have left uninherited estates is to search for surnames in your family tree. If you have a Sutherland in your family, you could be the legal heir to £23890.01 left by someone who died in Tenerife in May 2019 without leaving a will.

To view a list of uninherited estates in the UK and find out how to make a claim, follow this link, or if you would like to find out more about uninherited estates in Spain, click here.

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