Skip to content
BOE-A-2026-5802 ·12 March 2026 ·Resolution Low impact
Tax

Individuals: Directorate General for Legal Certainty rules on the registration of the termination of a residuary trust

The Directorate General for Legal Certainty and Public Faith has ruled on an appeal against a registrar's refusal to register a deed terminating a residuary trust following the death of the fiduciary. The dispute centred on the interpretation of the fiduciary's power of disposal and the nature of the adjudication of property in joint ownership (Facts I). The ruling analyses the doctrine regarding whether the power to dispose of assets gratuitously must be expressly stated in residuary trusts.

In 2 key points

  1. The power to dispose of assets gratuitously must be expressly established in a residuary trust (Hechos II)
  2. The ruling addresses the registration of a one-third undivided interest following the termination of the trust (Hechos I)

How it affects those involved

For heirs or beneficiaries of residuary trusts, the ruling highlights the importance of drafting testamentary clauses, particularly concerning the power of gratuitous disposal (Facts II). Legal professionals should note that a lack of express provision regarding gratuitous acts of disposal may limit the fiduciary's capacity and affect the subsequent transfer of assets (Facts II).

Lifecycle

2026-03-12PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact