A father who died in Barcelona names his heir, in his will, his son of legal age and universal usufruct of the entire inheritance, his 62-year-old wife. The total value of the net inheritance is 1,300,000 euros. At the time of the father's death, the pre-existing assets of the son were 200,000 euros and that of the mother 600,000 euros.
Settlement to be made by the beneficial widow mother:
Valuation of the usufruct: 1,300,000.00 x 27% (89 - 62, which is the age of the usufruct)
(you can calculate the usufruct in this usufruct calculator)
Fiscal inheritance: 1,300,000 euros.
Participation of the taxpayer in the estate: 351,000 euros.
Real tax base: 351,000 euros.
Kinship reduction: 100,000
Real taxable base: 251,000 euros.
Up to 150,000 euros, he pays 14,500 euros. The rest of the amount (101,000 euros) is taxed at 17%, paying 17,170 euros, both amounts having to be added.
The full fee is 31,670 euros.
To the resulting full quota, the multiplier coefficient for kinship and pre-existing assets must be applied according to the brand The Rates and Coefficients of the Tax Agency of Catalonia, in this case, it must be multiplied by 1.1 for being group II (couple) and having a pre-existing assets of more than 500,000 euros.
The tax rate will be 34,837 euros.
Finally, the tax payment discount determined by the Administration is applied, said discount in this case is 34,488.63 euros.
The final fee to be paid by the usufructuary mother is 348.37 euros.