The Limited Times

Now you can see non-English news...

Can children still inherit in the event of international inheritance?

2021-12-03T17:22:20.054Z

OUR ADVICE - The hereditary reserve, which allows children to receive part of their parents' patrimony, is not a universal concept.



Since November 1, 2021, the heirs of inheritances opened under the aegis of laws which do not provide for a hereditary reserve (part of the inheritance granted obligatorily to children) can, under certain conditions, request the benefit of this French provision.

The law of August 24, 2021 establishes for their benefit a “compensatory deduction” on the assets of the succession which would be located in France.

To discover

  • These ten clues that trigger tax audits

  • Who pays the most income tax in France?

1. Which estates are affected?

The new article 913 of the Civil Code only applies under certain conditions.

On the one hand, it only concerns inheritances opened after November 1, 2021. Concretely, this means that the person whose inheritance is open must have died after this date.

On the other hand, it is necessary that, in the patrimony of the deceased, a good (real estate or movable, whatever its nature) is located in France.

It can be a bank account opened in Strasbourg, a second home in the Dordogne or a studio in Paris.

Then the deceased or one

This article is for subscribers only.

You have 79% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-12-03

You may like

Trends 24h

Business 2022-01-21T06:20:28.910Z

Latest

© Communities 2019 - Privacy