Mr Coeur de Lion Posted October 30, 2010 Share Posted October 30, 2010 This is a curly one.Ok, I have a financial agreement between me and the wife that says my French properties will go into my name, and the Australian property going into her name.The agreement has been drawn up under Australian law (as we were both married in Australia).I cannot get the properties into my name until we are divorced because it will cost me 7% of the value of properties instead of (only) 3% in a divorce settlement.I want to draw up a will leaving everything I own to someone else (I'm not planning on dieing, yet but you never know). I have no next of kin apart from my wife of whom I will be divorcing eventually, but I am curious if I got this will drawn up and then snuff it, whether the French government would actually respect my wishes, or make the decision that the will is void.What does everyone think? Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 have another drink tonite and on Tuesday, get PROFESSIONAL advice Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 Oh I will, don't worry, but getting people's opinions helps the thought process.I don't think it'll be an issue, as once the properties are in my name sometime next year then it'll be a lot simpler. I think :) Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 except your new WIFE will have a claim unless you have a marriage contract or live in SIN (such a lovely concept)[6] Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 No plans on having a new wife. That's what's going to make it interesting I think. Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 Then, no green card baby, no green card, so u no stayee in USAyee. And dont expect her to leave her friends and family to go to France or Aus or Bognor! Yes, interesting! Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 One step at a time Wooly, one step at a time... Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 Softly, softly, catchee monkee, but is she worth it? Mericans ur strange peepl! Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 Not as strange as Aussies!I think she is worth it. Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 If she has read this, she might have doubts, we Bananas being the arbiters of taste! Lets see a foto and we shall help a fellow on his way, ........ or not! Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 Oh, I don't think she'll have doubts, as it would be to she that my stuff gets willed to. Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 FOTO, please Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 [IMG]http://i31.photobucket.com/albums/c369/blueblarg/100_1405.jpg[/IMG]She's the one without the beard. Link to comment Share on other sites More sharing options...
mint Posted October 30, 2010 Share Posted October 30, 2010 Altogether now............aaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhh!!!!!!!!Glad to see you both looking so happy. Can't resist a happy ending.Well done, Richard. Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 Hmmm, well, seems very nice , eyes a bit small, mouth not too relaxed, good cheek bones, nice forehead. Mr Coeur de Lion, you are a hopeless romatic, long may it last.[;-)] Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 30, 2010 Author Share Posted October 30, 2010 Yes, yes, enough about her, how do i look??? ;) Link to comment Share on other sites More sharing options...
woolybanana Posted October 30, 2010 Share Posted October 30, 2010 Nice bum? Link to comment Share on other sites More sharing options...
idun Posted October 31, 2010 Share Posted October 31, 2010 Back to original post.As was said, get legal advice. Remember that for non relatives they only get 1570€ tax free and pay 60% on the rest. Have a little look through that little lot.http://vosdroits.service-public.fr/particuliers/N20090.xhtml Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 31, 2010 Author Share Posted October 31, 2010 60%!!!!!!! The thieving barstewards!!! I knew the inheritance tax laws were grossly unfair here, but I didn't realise they stole that much.I've never looked into them before now.Might as well write my will to Sarkozy. That's extortionate.Next you will be telling me that 60% is payable immediately upon death... Link to comment Share on other sites More sharing options...
woolybanana Posted October 31, 2010 Share Posted October 31, 2010 just before death actually[6] Link to comment Share on other sites More sharing options...
parsnips Posted October 31, 2010 Share Posted October 31, 2010 [quote user="Mr Coeur de Lion"]60%!!!!!!! The thieving barstewards!!! I knew the inheritance tax laws were grossly unfair here, but I didn't realise they stole that much.I've never looked into them before now.Might as well write my will to Sarkozy. That's extortionate.Next you will be telling me that 60% is payable immediately upon death...[/quote]Hi, "I've never looked into them until now"--I'm afraid by not researching your intended country of residence fully , like many others before you, (including at one time myself) you have received a big, and potentially expensive shock. Unlike in our"anglo-saxon" culture, living "in sin" or" concubinage" as they call it here is not a viable option. If you have a partner to whom you are committed then the only sensible course is to marry , or at least sign a PACS . Link to comment Share on other sites More sharing options...
woolybanana Posted October 31, 2010 Share Posted October 31, 2010 Sell the house and move the money to a country where you can leave your money to a gerbil if you wish! Link to comment Share on other sites More sharing options...
WendyG Posted October 31, 2010 Share Posted October 31, 2010 Hi everyoneWhile we are on the deeath/inheritance subject, can anyone please confirm that as a British resident (widow) with a residence secondaire in France, with 1 daughter and 1 grandson, that death duties would not be levied on the house in France but only in UK. I do have 2 adult stepchildren but the property in France was purchased by me some 15 years after their father,s death, so presumably they would not have a claim in France.ThanksWendyG Link to comment Share on other sites More sharing options...
WendyG Posted October 31, 2010 Share Posted October 31, 2010 Hi everyoneWhile we are on the death/inheritance subject, can anyone please confirm that as a British resident (widow) with a residence secondaire in France, with 1 daughter and 1 grandson, that death duties would not be levied on the house in France but only in UK. I do have 2 adult stepchildren but the property in France was purchased by me some 15 years after their father,s death, so presumably they would not have a claim in France.ThanksWendyG Link to comment Share on other sites More sharing options...
Mr Coeur de Lion Posted October 31, 2010 Author Share Posted October 31, 2010 [quote user="parsnips"][quote user="Mr Coeur de Lion"]60%!!!!!!! The thieving barstewards!!! I knew the inheritance tax laws were grossly unfair here, but I didn't realise they stole that much.I've never looked into them before now.Might as well write my will to Sarkozy. That's extortionate.Next you will be telling me that 60% is payable immediately upon death...[/quote]Hi, "I've never looked into them until now"--I'm afraid by not researching your intended country of residence fully , like many others before you, (including at one time myself) you have received a big, and potentially expensive shock. Unlike in our"anglo-saxon" culture, living "in sin" or" concubinage" as they call it here is not a viable option. If you have a partner to whom you are committed then the only sensible course is to marry , or at least sign a PACS . [/quote]I came over here married, and fairly young, so it was never really high priority. Circumstances have changed in my life now.Long run, I doubt it'll be a problem as no doubt I'll have sold up in France long before I die, but I am so shocked that the rate was so high. Just shocking that they can take so much. Link to comment Share on other sites More sharing options...
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