New European Union inheritance laws should prompt reviews of wills

28 Aug 2015

A new succession law came into effect throughout the European Union last week. In terms of this rule, the law of the country where the deceased was a habitual resident will govern succession to their estate as a whole, including any assets held in different European jurisdictions.

For example a woman in the UK with a property in France would have been obliged to leave it to her husband and children under French forced heirship rules. Under the new rule, she could instead choose to apply UK law to the property, which would allow her to leave the house to her brother.

The intention of the rule is to simplify a frequently encountered and complex area of international law.

See full article at http://www.lawgazette.co.uk/law/new-eu-inheritance-law-should-prompt-wills-reviews-say-experts/5050595.fullarticle

Discuss Article with the Author

Recent Articles

Orange, green and red: The Nike sneaker that started a trademark fight

Orange, green and red: The Nike sneaker that started a trademark fight

Visitor data at the gate: Is your estate communicating clearly enough?

Visitor data at the gate: Is your estate communicating clearly enough?

A Decision Six Years Late is not only Late. It may be Unlawful.

A Decision Six Years Late is not only Late. It may be Unlawful.

Data Breach Triage and the Insurer’s first 72 hours

Data Breach Triage and the Insurer’s first 72 hours