Will my heir have to pay inheritance tax in Ecuador?
This is one of the most frequent questions we have in our office, the answer is, it depends. According to the Ecuadorian law, heirs will have to pay taxes in accordance with this regulation if the inheritance exceeds the amount of $71.970
Having a will in Ecuador is extremely important, although it is true that wills granted abroad are valid in Ecuador, it will have to follow a process – something we may avoid for your loved ones.
Lina Ulloa from Ulloa and Zamora will always advise you in accordance with the most current law.
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