Adjudicación de herencia

The process that turns heirs into owners of the deceased's assets. The chain of steps: death certificate, certificate of last wills, copy of the will (or declaration of heirs before a notary if there is none), inventory and distribution in the deed of adjudication, settlement of taxes and registration at the Land Registry. Deadlines matter: inheritance tax is settled within six months of the death (extendable by six more if requested within the first five), as is the municipal capital gains tax. In the Valencian Community the bill has dropped drastically: a 99% relief between spouses, parents and children. Until the inheritance is adjudicated and registered, the inherited home cannot be sold: it is the first formality to resolve, not the last.