The increasing movement of people between Spain and the United States of America is giving rise to the frequent event of international successions linked to both countries. This type of international successions entail many different and varied disputes, as consequence of the confrontation of two succession systems with small common grounds: common law and civil law. Problems at determining the applicable law, as well as substantial difficulties such as freedom of will, acknowledgment of the will or trust structures, shall be solved, where possible, through an appropriate succession planning by means of making a will that is deemed valid in both states.
Update in EIN Procedures: Who is a Responsible Party?
An EIN is an employer identification number which is also known as a Federal Tax Identification Number, and is used to identify a business entity. Businesses need an EIN for a number of reasons, including to open bank accounts, obtain licenses, file income tax returns, etc.