Unique institutions of Balearic civil law for family estate planning.
Balearic civil law preserves unique institutions of medieval origin, fully valid and useful today, especially in family estate planning. Law 8/2022, of November 11, on voluntary agreed or contractual succession of the Balearic Islands, updates and systematizes these figures.
Succession agreements allow the succession to be anticipated and ordered with great flexibility. They can be combined with wills and other planning instruments. They require careful technical design and detailed tax valuation to ensure maximum legal certainty and efficiency.
Entre las figuras más utilizadas se encuentran la definición, la donación universal, el finiquito de legítima y los pactos de institución. Cada una tiene características propias y responde a necesidades específicas de planificación.
This law updates the regulatory framework of succession agreements in the Balearic Islands, incorporating technical improvements and adapting to the current needs of Balearic families.
Contact our team to analyze your particular situation.