GringoPost | Ecuador: Ecuadorian survivors' laws for the intestate

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Ecuadorian survivors' laws for the intestate

These are a bit of a concern to us. It seems that, if there is no will, when one marriage partner dies the other is deemed to have inherited from the deceased but is entitled only to half the assets if there are children and no will. The survivor must then pay "inheritance" tax on what was their half before the other died and may have been in their name only.

How can the surviving spouse be considered to have inherited their half when it was legally theirs before the mate died? How could one inherit what was already theirs? And why must they pay "inheritance" tax on it? We are having second thoughts about moving our assets to EC or investing there.

Jack and Jill