Tontine clause could help avoid inheritance tax hit

Q: We are unmarried and living in the UK. We wish to buy a Brittany holiday home in joint ownership but have heard that should one of us die this can be costly for the other to inherit (60% tax as we are not married). Friends said French people get ‘pacsed’ for this reason but can we get pacsed as non-residents? G.C.

Unfortunately, for couple who are not married, civil partners or pacs partners, French inheritance tax of 60% applies to the value of the asset(s) inherited. Spouses, civil partners and pacs partners are exempt from this tax.

The default way to buy a French property in joint names is  ...

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