Tita Cervera probes Andorra for the distribution of her inheritance

Baroness Carmen Cervera, known as Tita Thyssen, has held informal conversations with representatives of the Government of Andorra to explore options that can ensure the stability and preservation of its vast artistic and economic legacy.

Oliver Thansan
Oliver Thansan
09 October 2023 Monday 22:57
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Tita Cervera probes Andorra for the distribution of her inheritance

Baroness Carmen Cervera, known as Tita Thyssen, has held informal conversations with representatives of the Government of Andorra to explore options that can ensure the stability and preservation of its vast artistic and economic legacy. This news has unleashed a series of speculations about the future of Tita Thyssen's inheritance and her possible influence on the distribution of her assets among her children.

Tita Cervera has expressed her deep love and appreciation for Andorra, where she currently resides. In a recent interview, the Baroness highlighted the natural beauty of Andorra and her fascination with the streets of the old part of the city. Her connection to the small country in the Pyrenees seems to have led her to explore future options for her legacy.

One of the options being considered is the possibility of naturalizing his twin daughters, Carmen and Sabina, as Andorran citizens. However, this measure could not be carried out until the twins come of age in July 2024.

In an interview, Tita Thyssen stated: "“My daughters are American and cannot change their nationality until they turn 18. Until then, the girls are 17 and I cannot decide for them. It will be them, when they come of age." , those who say what they want to do”

Although the conversations between Tita Thyssen and the Government of Andorra have been informal, there has been speculation about the baroness's interest in the legal and tax consequences of her daughters, or even herself, acquiring Andorran nationality. Unofficial sources in the principality suggest that the twins have expressed their desire to be Andorran due to the security and quality of life that the country offers, as well as their passion for skiing, the countryside and the climate.

The distribution of Tita Thyssen's personal inheritance has become a transcendental issue from a cultural and economic point of view. This heritage includes valuable works of art, which adds a significant cultural component to the discussion.

Furthermore, with the complex mix of nationalities of the Thyssen family and the different tax rates and inheritance taxes involved, protecting the economic and artistic legacy has become a priority.

These movements could also have an impact on the percentage of the inheritance that Borja Thyssen, Tita's son, will receive, with whom he has had a complicated relationship since he married Blanca Cuesta. According to close sources, their relationship has cooled in the last six months.

As Carmen Thyssen and her advisors seek the best options to ensure the integrity of her legacy, the world watches with interest as this story will evolve. With a fortune valued at 1.3 billion euros according to the 2022 Forbes ranking, the distribution of Tita Thyssen's inheritance is a topic of great relevance both culturally and financially.

Tita Thyssen's love for the small country has led her to explore possible ways to ensure that its artistic and economic legacy endures for future generations. Meanwhile, we are awaiting clarification of the distribution of her inheritance, which will undoubtedly be a milestone in the history of art and culture.