{"id":4824,"date":"2026-01-09T16:01:24","date_gmt":"2026-01-09T14:01:24","guid":{"rendered":"https:\/\/graciacalbet.com\/blog\/inheritances-2026-why-is-inheriting-today-cheaper-in-valencia-but-more-complex-everywhere-else\/"},"modified":"2026-01-12T09:21:50","modified_gmt":"2026-01-12T07:21:50","slug":"inheritances-2026","status":"publish","type":"post","link":"https:\/\/graciacalbet.com\/en\/blog\/inheritances-2026\/","title":{"rendered":"Inheritances 2026: Why is inheriting today cheaper in Valencia but more complex everywhere else?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4824\" class=\"elementor elementor-4824 elementor-4799\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9fafa42 e-flex e-con-boxed e-con e-parent\" data-id=\"9fafa42\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3b911a6 elementor-widget elementor-widget-text-editor\" data-id=\"3b911a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Friday, January 9, 2026<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66bb616 elementor-widget elementor-widget-image\" data-id=\"66bb616\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"750\" height=\"500\" src=\"https:\/\/graciacalbet.com\/images\/herencias-20261.jpg\" class=\"attachment-large size-large wp-image-4823\" alt=\"Herencias 2026\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4d9445 elementor-widget elementor-widget-author-box\" data-id=\"d4d9445\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<div  class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/graciacalbet.com\/images\/favicon-graciacalbet.png\" alt=\"Picture of Communications team\" loading=\"lazy\">\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<div >\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tCommunications team\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8cbef8 elementor-widget elementor-widget-text-editor\" data-id=\"a8cbef8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If there is one thing that defines the start of 2026 in inheritance matters, it is speed. The speed at which regional regulations change and the speed at which the Administration is digitizing processes. We are facing a paradigm shift: while some regions effectively eliminate the tax, the Tax Authority tightens the screws on property valuations.  <\/p><p>At <strong>GR\u00c0CIACALBET,<\/strong> we have analyzed the new developments of the 2025\u20132026 biennium to summarize what you should keep an eye on if you are facing inheritance planning.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d083fe3 elementor-widget elementor-widget-heading\" data-id=\"d083fe3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">At two speeds: the fiscal \u201cwar\u201d<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bd3360 elementor-widget elementor-widget-text-editor\" data-id=\"3bd3360\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The map of Spain has been split into two blocks. Depending on where the deceased had their tax residence, the bill can vary by tens of thousands of euros: <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-16cb82e e-grid e-con-full e-con e-child\" data-id=\"16cb82e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-a9349dc e-con-full e-flex e-con e-child\" data-id=\"a9349dc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7bc035e elementor-widget elementor-widget-heading\" data-id=\"7bc035e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">The \"Free Zone\" (Valencia, La Rioja, Andalusia, Madrid)<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e6a127 elementor-widget elementor-widget-text-editor\" data-id=\"3e6a127\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you have interests in the Valencian Community, the new Law 5\/2025 is excellent news. Not only does it maintain the <strong>99% deduction for children and spouses<\/strong>, but it also extends benefits to siblings and nephews\/nieces. The goal is clear: to unlock inheritances and stimulate the market.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43f6577 e-con-full e-flex e-con e-child\" data-id=\"43f6577\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d7dbd4 elementor-widget elementor-widget-heading\" data-id=\"2d7dbd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">The Resistance (Catalonia)<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea61d24 elementor-widget elementor-widget-text-editor\" data-id=\"ea61d24\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Here the situation is different. Tax rates are maintained, and, more dangerously,<strong> the multiplier coefficients <\/strong>remain in place. If the heir already has assets, the tax bill skyrockets. In this scenario, lifetime planning (inheritance agreements or strategic donations) is not an option\u2014it is a necessity to avoid effective rates above 30%.   <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b632211 elementor-widget elementor-widget-heading\" data-id=\"b632211\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The silent trap: the 2026 \"Reference Value\"<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e77d327 elementor-widget elementor-widget-text-editor\" data-id=\"e77d327\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Many clients come to the office relieved because &#8220;the tax is discounted,&#8221; but they forget the other side of the coin: property valuations. As of January 1, 2026, the new Reference Values from the Land Registry have increased to align with real estate inflation. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8babe8 elementor-widget elementor-widget-text-editor\" data-id=\"c8babe8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>The Problem:<\/strong> the Tax Authority assumes that value as the absolute truth. If you inherit a property that needs renovation, the Land Registry often values it as if it were brand new. <\/li><li><strong>The Solution:<\/strong> Complaining is not enough. You must file the tax return based on the official value and, immediately afterwards, request a correction by providing <strong>expert evidence<\/strong>. At<strong> GRACIACALBET<\/strong>, we are seeing cases where the official value exceeds the market value by 20%.<br>  <\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c17e8d3 elementor-widget elementor-widget-heading\" data-id=\"c17e8d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A victory for the taxpayer: Household goods<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ab1416 elementor-widget elementor-widget-text-editor\" data-id=\"2ab1416\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Finally, some good news that affects everyone equally. Historically, the Tax Authority calculated the &#8220;household goods&#8221; (furniture and personal items) as 3% of the <strong>entire<\/strong> inheritance. This included bank accounts, stocks, or investment funds. What &#8220;household goods&#8221; do Telef\u00f3nica shares generate? None.    <\/p><p>Jurisprudence was consolidated in 2025:<strong> money and shares<\/strong> do not incur household goods tax.<\/p><p><em>Practical example:<\/em> In a 2-million inheritance where 1.8M consists of investment funds, previously you paid household goods tax on the full 2 million. Now, only on the property. The tax savings are substantial, but it must be calculated correctly in the deed.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-985f5fd e-flex e-con-boxed e-con e-parent\" data-id=\"985f5fd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5066b7f elementor-widget elementor-widget-heading\" data-id=\"5066b7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Municipal capital gains tax: Watch the age of the property<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8d1e6f elementor-widget elementor-widget-text-editor\" data-id=\"b8d1e6f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The new Royal Decree-Law 16\/2025 has updated the coefficients for Municipal Capital Gains Tax. The message is clear: inheriting very old properties is penalized. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4450dcf e-grid e-con-full e-con e-child\" data-id=\"4450dcf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a516038 elementor-widget elementor-widget-text-editor\" data-id=\"a516038\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If the property was <strong>purchased more than 20 years ago<\/strong>, the coefficient jumps to 0.40.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13213ac elementor-widget elementor-widget-text-editor\" data-id=\"13213ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Interestingly, the most &#8220;tax-friendly&#8221; bracket is for properties purchased between 2011 and 2016 (during the crisis).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-11419cc e-flex e-con-boxed e-con e-parent\" data-id=\"11419cc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54a2706 elementor-widget elementor-widget-heading\" data-id=\"54a2706\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Goodbye to paper: Digital inheritance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e40da0 elementor-widget elementor-widget-text-editor\" data-id=\"6e40da0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Law 11\/2023 is now fully operational. This greatly speeds up obtaining copies (now with a CSV code) and dealing with banks, but it also brings new obligations. A warning: the &#8220;<strong>Zero Debt Certificate<\/strong>&#8221; is now essential. The Land Registrars are closing ranks and will not allow you to register the house in your name if you do not formally cancel your parents&#8217; mortgage in the registry, even if it has been fully paid off.   <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0ce20b3 e-flex e-con-boxed e-con e-parent\" data-id=\"0ce20b3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-3e9288f e-grid e-con-full e-con e-child\" data-id=\"3e9288f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-43480d9 e-con-full e-flex e-con e-child\" data-id=\"43480d9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3bc2bc4 elementor-widget elementor-widget-text-editor\" data-id=\"3bc2bc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Inheriting in 2026 requires great precision. In regions like Valencia, the opportunity is historic to transfer wealth at almost zero cost. In others, like Catalonia, strategy is everything to mitigate the impact.  <\/p><p>If you need to review a will or manage an inheritance under these new rules, at <strong>GR\u00c0CIACALBET<\/strong> we can help you apply the new household goods doctrine and review the Reference Value so that you pay what is fair\u2014no euro more.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe471e4 elementor-widget elementor-widget-button\" data-id=\"fe471e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/graciacalbet.com\/en\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b1d886a e-con-full e-flex e-con e-child\" data-id=\"b1d886a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bda80e2 elementor-widget elementor-widget-image\" data-id=\"bda80e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"300\" height=\"236\" src=\"https:\/\/graciacalbet.com\/images\/graciacalbet-icon-white.svg\" class=\"attachment-medium size-medium wp-image-2450\" alt=\"GR\u00c0CIACALBET logotipo en color blanco\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Friday, January 9, 2026 If there is one thing that defines the start of 2026 in inheritance matters, it is speed. The speed at which regional regulations change and the speed at which the Administration is digitizing processes. We are facing a paradigm shift: while some regions effectively eliminate the tax, the Tax Authority tightens<a href=\"https:\/\/graciacalbet.com\/en\/blog\/inheritances-2026\/\">Continue reading <span class=\"sr-only\">&#8220;Inheritances 2026: Why is inheriting today cheaper in Valencia but more complex everywhere else?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":4823,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/posts\/4824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/comments?post=4824"}],"version-history":[{"count":2,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/posts\/4824\/revisions"}],"predecessor-version":[{"id":4840,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/posts\/4824\/revisions\/4840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/media\/4823"}],"wp:attachment":[{"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/media?parent=4824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/categories?post=4824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graciacalbet.com\/en\/wp-json\/wp\/v2\/tags?post=4824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}