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Daughter in UK and French AV
I am British, live in France and have a British/French daughter living in the UK. If I take out an assurance vie in her favour, how will it be taxed after I die? T.D.

If you take out a life assurance (AV) in France, and you die as a French fiscal resident, the life assurance will fall under French laws, irrespective of the country your daughter lives in.
If you subscribed to the AV before the age of 70, your daughter will be exempt to all taxes up to the sum of €152,500. On any amount over this she will be liable to a flat rate of 20% tax.
For investments made over the age of 70, the AV falls into your estate and is taxed at the rate applicable on your daughter, depending on the value that she inherits. However, in this case there is no tax on interest or capital gains, only on the sums placed in the AV. Also, these benefit from an allowance of €30,500, which relates to the whole estate and not per beneficiary.