New ways to defer Inheritance Tax payments
People who have difficulty paying tax due on an inheritance can now benefit from a simplified payment credit system that allows them to pay in instalments or to defer paying the tax. In order to take advantage of deferred or split payments you first need to apply to your tax office. Inheritance tax is normally […]
French inheritance law: A Possible Challenge
French lawyers and many individuals have widely criticised the 2021 forced heirship law, which affects the option for non-French people to use the law of another country. This law was reportedly brought in to prevent women and girls being treated unequally in the case of a choice of Sharia law but it also affects many […]
The Reform of French Inheritance Law
In 2021 the French Government made changes to the rights of succession that have had a direct impact on the inheritance plans of many. At that time FBN member Me. Marie-Claude BESSOUT and one of the FBN’s Service Providers, Me Simon DECEUNINCK, alerted us to this change and its implications, in this article of December […]
The Reform of the French Hereditary Reserve in International Successions: First lessons, First solutions
Article written by Me Simon Deceuninck on 31 March 2023 In our article dated 18 November 2021, Me Marie-Claude Bessout (former Notary) and I alerted our foreign readers to the consequences and uncertainties brought about by the “law against separatism” of 24 August 2021 with regard to international successions. We regretted that the wording of the new Par. 3 […]
Matrimonial regimes in Estate planning
by Matthew Cameron The implications on a married couple’s estate of different matrimonial regimes in France are often not well understood by British nationals. When couples marry in France – as in other jurisdictions around the world – they can choose what matrimonial rules apply to their estate. This can affect what will happen to […]
‘Mandat de Protection Future’
by Carolyn Chamberlain Should you ever become unable to look after your own affairs (medical or financial) it makes life a lot easier if you have already set up a ‘Mandat de Protection Future’. Recently, while my daughter was visiting, we went to see my local Notaire to set up a ‘Mandat de Protection Future’ […]
New Inheritance Law
On 1st November 2021 a new Inheritance law was adopted in France that potentially overrides the wishes of UK Nationals living in France who have previously created a will that elected their estate to be governed by their national law rather than France. Article 24 of the new French Law adds a paragraph that states […]
Matrimonial regimes and inheritance
by Matthew Cameron, Partner, Ashtons Legal When a notaire is charged with the administration of a deceased’s estate, one of the first steps will be to establish what law will be applying to the succession. If the deceased was married, and French resident, then the notaire will be checking the his or her matrimonial regime. […]
Inheritance Law in France and recent changes
The Franco British Network is organising its first Webinar in 2022 on Thursday 3rd of March at 5 PM. The Webinar’s duration is one hour and FBN is pleased to have the following experts providing information on this subject and sharing their knowledge: Mrs Marie-Claude BESSOUT: retired notary, a specialist in Private International Law and Treasurer of […]