Law published in the Official Gazette on 17 October 2026. Benefit window: one year from 1 December 2026.
The development
The first transitional provision grants the reduction once per donor. It requires a public deed and a declaration within the legal time limit; qualifying donations are exempt from the judicial authorisation procedure known as insinuación.
Beneficiaries are potential heirs entitled to reserved shares (legítimas) and the improvement quarter (cuarta de mejoras); third parties qualify only if the donor has no such heirs. Total donations cannot exceed half the donor's assets, valued under the statutory rules.
Practical significance
Planning should consider recipients, valuation, debts and formalities before the SII and the notary. Publication of the law allows the transaction to be prepared; the application window begins in December.
Primary sources
Published by Piracés Abogados · 12 October 2026. Updated on 26 October 2026. General information: its scope must be assessed in light of the circumstances of each matter.