Since Uruguayan law assures an estate goes to a deceased
person's children, and Uruguay does not have a significant
inheritance tax, most Uruguayans don't bother to make a
will.
However, there are still valid reasons for making a will in
Uruguay to cover just specific Uruguayan assets or a will with
worldwide application.
Legal guidelines for wills in Uruguay
By Uruguayan law, if a person has a single child, then they can
only give away 50 percent of their estate to other entities. If
they have two children, then the percentage drops to 33
percent. And if they have three or more children, the limit
is 25 percent.
In Uruguay, a spouse/partner is not a statutory heir, although
he/she does have the right to live in the matrimonial home for the
rest of his/her life (until he/she remarries) or receive a similar
(but not exactly the same) share to that of the children.
