Sam Orgill ProACT Partnership Expatriate Advice looks at how Inheritance Tax and Your Property and Your Will could 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 with Cyprus assets 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. This is a Gift horse