Alimony: How much has the Consumer Price Index increased?
Alimony payments tend to be set as a fixed amount to be revised annually based on how much the Consumer Price Index (CPI) has risen.
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If I live with my new partner, will I lose the right to use the family home?
Problems arise when whoever has been awarded the use of the family home lets a third party move in, as the person who has had to move out is in effect “keeping” someone who is not a family member by granting the use of his or her property.
In which country should I pay my taxes?
Many jobs involve travelling or spending time in different places around the globe. However, living abroad for a few weeks or months does not mean that any earnings accrued in another country are exempt from Spanish taxation.
If I am given the house as part of a divorce settlement, will I have to pay more tax?
Couples who split up can often find themselves at a complete loss in more than one way; they must try to rebuild their lives on an emotional level, while having to make some exceptionally important decisions regarding their children, their financial status and their assets. To avoid surprises relating to how the dissolution of a […]
I sold my property at a loss. Can I recover the tax over the increase on the land value (Plusvalía)?
During the years of the property bubble, the value of real estate increased so rapidly that it fetched unfeasibly high prices. The recent crisis in the sector caused a severe drop in prices which has led to many properties being sold at a loss with respect to their purchase value. Municipal tax over the increase […]
Conference on Family Law in Palma de Mallorca
Last week we participated in the Conference on Family Law in Palma de Mallorca, organised by the Spanish Association of Family Lawyers (AEAFA) and the Bar Association of the Balearic Islands (ICAIB). We had the privilege of attending several keynote presentations on the subject of financial settlements in Article 1,438 of the Civil Code, and financial compensation for family care, among others.
The importance of making a will
A will is a document stating the wishes of a person after their death, and can specify the distribution of assets (the most common) as well as other religious dispositions or recognition of children, among others. It is a tool that helps in making decisions and removes conflict between family members when the person is […]
When can an eviction procedure be started?
Eviction consists of expelling the tenant from the property, and can be started against a debtor tenant if there is a delay of a month in paying the rent. The tenant has the option of rendering this action ineffective by catching up on the amount due and continuing to pay the rent normally. Eviction is […]