Your Inheritance, Property & Will. Gift Horse?
Sam Orgill ProACT Partnership Expatriate Advice looks at Inheritance Tax and Your Property and Your Will to Protect Your Family. Make a Will. Make a Codicil. Make Gifts to Family or Trust
Change of EU Law impacts Expat Wills
The adoption of the new EU law impacts in Cyprus by removing from Cyprus Law the options, previously available, to settle your Will under the law of your home country.
Now every Expat must review their Wills to ensure that your Wishes are meet and your assets can be distributed as you wish in your Last Will & Testament.
Consider your position: Inheritance Tax, Savings Taxes and Property Title Deeds. Bring your needs in line with the new legislation.
You should review your Will to ensure that your Wishes are met and your assets can be distributed as you wish in your Last Will & Testament.
EU Law of Succession
Now the EU is the controlling legislation which says that your estate must be settled in your country of Residence. Nationality is not your Domicile.
Take Action - Look Forward
The law is clear. No excuses. You have to make new arrangements.
Consider. Make Gifts. Make written changes to you Will.
Review your Will and consider Written amendments to allow your Will to be settled under the law of your home country.
Gifts avoid Probate and Succession Law
ProACT can assist - we offer a Free Review and advice to Make a Will, provide updates or revisions of existing Wills. Gift to Family or Trusts to Avoid Inheritance Tax
Sam Orgill - ProACT Partnership - www.proactpartmership.com
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