If you own assets in both England and France do you have a suitable Will in place? Many married couples want to leave all their assets to their spouse when they die, and then to their children. If you wish to leave your assets in this way, you may need a Will for that to happen in England and you nearly always need a Will for that to happen in France.
French Legal Services
Harriet studied law through the Open University and graduated with a First. She completed her Legal Practice Course at the University of the West of England and joins Stone King from Rutters.
Your Will is arguably the most important contract that you will sign in your life - the document under which you give your assets away. It may be possible to have a single Will to cover your worldwide assets.
To be recognised as a Will it must be formally valid in the country in which it is to be used. Many countries have laws in place, or have signed up to international treaties under which foreign Wills, if drafted correctly, will be recognised.
Stone King’s International and Cross-Border Team have received an increase in queries around Brexit from UK citizens who own property in the EU.
Queries include what impact Brexit will have on estate planning (who gets what when you die) and if inheritance tax will change.
When a property is purchased in England or Wales the buyer is generally expected to pay for all searches to ensure that there are no nasty surprises once the sale has completed. This can be very frustrating for the buyer if the sale falls through after they have gone to the trouble and expense of obtaining the searches.
If you own a home in France or are thinking about buying a property in France the experts from Stone King’s International and Cross-Border Team can help.
In January 2019 the team’s expertise in cross-border legal matters will again be showcased at the France Show, which includes the largest exhibition of French property in the UK.
As well as expert conveyancing and succession legal advice from Stone King, there will be an authentic French market, tutored wine tastings and cookery demonstrations at the event which runs from January 25-27 at Olympia London.
National law firm Stone King LLP has been shortlisted in the Large Law Firm of the Year category of the Law Society’s Excellence Awards 2018.
The firm is one of 10 to be shortlisted in this category. Award winners will be chosen by a panel of expert judges and announced on 17 October 2018 at a ceremony in Grosvenor House Hotel on Park Lane, London.