Thank you all for your replies. It seems, as in most financial and legal affairs in Lanzarote, there are few straight answers, and there must be many retirees there that don’t realise the issue facing them. I’ve refreshed this thread to keep it at the top of the list for a little longer.
Michael21, I’m not trying to avoid my children paying an inheritance tax, nor am I asking about my UK taxes. In general, in both countries, your inheriting children get to pay inheritance tax, death duties, succession tax whatever. The difference I’m asking about is that in Spain, unlike UK, if a person dies, their spouse is liable for a large sum.