Explained: What is 'Brussels IV' and how could it affect your French property?

The Brussels IV regulation allows property owners in France to opt for their home country's inheritance laws, simplifying the estate process for foreigners.

In France, inheritance laws prevent parents from disinheriting their children, making it essential for foreign property owners to understand these implications.

French inheritance tax operates on a sliding scale, with a top rate of 60% for non-related heirs, emphasizing the importance of professional legal advice.

Navigating inheritance tax and laws in France can impose significant challenges, therefore, a codicil can help foreign owners bypass French regulations, if handled correctly.

Read at www.thelocal.fr