How to leave inheritance in life

As you already know, the patrimony can be left alive or after death. The transfer of the goods in life will be done through sales or donations to the beneficiaries or through the constitution of a patrimonial society . The question is to ask ourselves why to do it in life and not through a will . Well, besides that you can avoid possible conflicts and disputes between descendants, you can also take advantage of tax advantages . From .com we will explain the benefits and options you have so that you know how to leave inheritance in life .

one

When you decide to donate your inheritance you should know that you can enjoy a reduction of taxes since in some autonomous communities they introduce reductions in the fee to pay of the Donation Tax .

two

The legislation also treats money differently than the real estate where the housing is rewarded, apart from the fact that you will always be able to discuss with the Treasury the valuation of the property while not using the money. Another possibility you have to reduce the tax burden is to make donations in installments, or a much more complicated, which is to change residence to areas of fiscal sovereignty (Basque Country and Navarra) where barely exists the inheritance tax.

3

Another inheritance option in life is, instead of donating, selling to the heirs. This action would be charged with the Tax on Patrimonial Transmissions, which is less than that of Succession and Donations. Apart from that you can enter to value, within a scale, a lower price than the market.

4

The other option, mentioned above, is the creation of a patrimonial society where the heirs, instead of inheriting assets, receive shares or shares of this company. This option only interests if you have a fortune greater than 600, 000 euros and has great tax advantages