When a person is faced with managing an inheritance, many doubts and confusions usually arise. This is an emotionally complex moment, in which it is also necessary to resolve legal and administrative procedures that can involve a significant economic cost if not carried out correctly. Howeverthe professor of economics at the University of Barcelona, Gonzalo Bernardosoffers valuable advice to those going through this process, warning that without proper guidance, many could lose money unnecessarily.
For this expert, good management of assets is not a simple procedure of acceptance or rejection of goods; This is a much more complex process that may also involve taking on debts or managing assets with legal complications. SO, emphasizes the importance of seeking a professional with experience in inheritance matters, who guides and advises the beneficiary to maximize the value of the inherited assets or avoid the process resulting in unwanted costs. “Inheritance issues are very complicated and by saving 500 euros, you can lose a lot more or no longer gain much”Bernardos explained on a television talk show. This type of advice is essential, because a specialist can analyze the legal and financial alternatives best suited to the particular situation of each heir, a particularly important factor given that cases can be extremely diverse. Specialized professionals are familiar with legal details that can be confusing to most, and their intervention prevents costly mistakes.
How not to lose money when you receive an inheritance
In a recent TV show, Bernardos shared his opinion on the need to turn to experts when receiving an inheritance. In this context, he stressed that Inheritance issues are often surrounded by legal complexitieswhich is not always common sense. Many heirs think that they just need to decide whether to accept or reject the assets, but the situation can be much more complex, especially when inheriting debts or real estate with high tax burdens.
Expert intervention can make a big differencehelping the heir make informed decisions that avoid losses. From the evaluation of tax obligations to the analysis of the deceased’s assets, the estate advisor can guide the beneficiary through a process that is generally much more delicate than it appears at first glance. QFor example, professionals are familiar with the regulations that affect the acceptance and renunciation of inheritances, and can explain how it affects family members, especially if they are children or descendants.
Alternatives for managing an inheritance: more than just accepting or refusing
Receiving an inheritance is not a “black or white” decision. Options for the heir include accept the inheritance as is, renounce it if there are debts that exceed the assets, or accept it for the benefit of the inventorya method which makes it possible to protect the personal assets of the heir in the event that the inheritance includes debts. This last option, although less known, proves essential in many cases, since it allows heirs to accept only the part of the inheritance which is positive after deduction of debts.
The alternative of inventory profit This is an example of how a wealth professional can provide an appropriate strategy to avoid taking unnecessary financial risks. For many heirs, this approach is unknownbut with proper guidance, they can make safer decisions. Bernardos emphasizes that without adequate advice, many heirs could face financial problems if they are unaware of this information and other legal alternatives that exist.
The relevance of a well-structured will
The TV show also discussed the importance of having a will, an often overlooked yet essential aspect to avoid future conflicts between heirs. According to experts, pre-planning, through a will, It facilitates procedures and reduces the administrative burden for family members. In this way, the will protects not only the interests of the deceased, but also those of the heirs, ensuring that the distribution of property is carried out according to the wishes of the deceased.
A clear will can prevent family conflicts and reduce costs associated with the inheritance process, which attorney Alicia Delicado also highlighted at the meeting, emphasizing that The absence of a will can greatly complicate the process. Having a will is an act of foresight that ensures that assets and property are distributed according to the wishes of the deceased and avoids lengthy legal disputes.
In conclusion, Dealing with an inheritance requires a strategic approach, good management and, above all, the support of a professional. that you know the specific laws and alternatives that govern the inheritance process in each case. Gonzalo Bernardos warns that avoiding this advice can lead to significant losses and assures that hiring an expert is an investment that, in the long term, protects the value of the inheritance.
Receiving an inheritance involves making complex decisions and in-depth knowledge of the process to ensure that beneficiaries truly derive the greatest possible value from the inherited assets. With professional advice, the path to inheritance becomes clearer and less riskyallowing heirs to make informed decisions and avoid unwanted financial surprises.
