-
French inheritance tax and paperwork for heirs living overseas
French tax authorities will need to know about your worldwide assets for inheritance tax purposes
-
August 15 bank holiday in France: what is celebrated and will shops be open?
Many workers in France will not benefit from an extra day off this year
-
40,000 people in France see water cut off: what to do if it happens to you
Plus, worst-hit areas and authorities step up enforcement as water shortages increase
Is a UK will from 27 years ago still valid in France?
We look at why it pays to review your will every few years
Reader question: My wife and I (second marriages) have four adult children between us. Are wills we made in the UK 27 years ago still valid in France?
If the wills were made after your marriage, or shortly before with a clear statement that they were made in anticipation of the marriage, and they have not been revoked in any way then they will still apply.
However, best practice is to review your wills approximately every five years.
In the context of French assets this is particularly relevant as your wills may be deemed to constitute an implied election of English law to govern what happens to your French assets given that they were made before the EU Succession Regulation (Brussels IV) came into force in 2015.
The legal and tax consequences may not be exactly what you had intended, and this could be costly for the ultimate beneficiaries who inherit as a result of these wills, namely inheritance tax of 60% if a stepchild inherits from a stepparent.
Related articles
Leave a tax-efficient legacy to charity with French and UK assets
I have dual nationality so will French inheritance law be imposed?
How to get round the French inheritance law on reserved heirs