Have you ever had the experience in your family where someone died, or divorced, or remarried leading to a family dispute arose over Property.  Where someone within the family fears losing their share of an inheritance, or want to grab it, at the expense of the family membersintended or rightfully beneficiaries.

I have and it is so sad. The loved ones, and future generations, you tried to protect and secure, see their home and finacial security undermined with the family squabble. This is why we make a will or consider life time gifts to ensure your wishes are carried out.

EU Changes to Succession

Changes in European Laws of succession have thrown any plans made up in the air. Expats owning Overseas Property in an EU country could now be subject to forced heirship where only blood or married relatives can benefit - leading to confusion and disputes down the line.

Unmarried couples, children of second marriages, divorced partners, second marriage couples have now got to review there overseas property ownership or risk loss of assets and wealth when something changes.

CONTACT US FOR A REVIEW OF YOUR OVERSEA PROPERTY

Click to Read More below to Read the Full Article.  

We love to here your comments and feedback, please enter your comments at the end of the article blog. Thank you. 

Currency Joy Exchange Rates Buoyed

EU Brexit for Expats: 5 Benefits for Expats Living and Working Abroad As by the Weakening of the Euro

Sam Orgill of ProACT Partnership considers the Exchange Rate Adjustment and implications of EU Brexit for Expats Living and Working Abroad

Eurozone Economy Weakness

As the EU economic zone continues to stutter with structural banking an debt reforms the Euro hits a barrier as Italy emerges as the country of focus in world finance

An Italian Economy weighed down by bad debt that has not be reformed an updated.  The Italian referendum on their governments proposed reforms that have been rejected. This has weakened the Euro on the world markets.

Sterling has strengthened, Euro is Weaker:

 GBP£1 = Euro1.20 , USD $1 = Euro 0.95, Rouble RR 1 = Euro0.015

5 Benefits for Expats Living and Working Abroad

CONTACT US

SAM ORGILL OF ProACT PARTNERSHIP HOW TO MAKE OVERSEAS TAX SAVING FOR EXPATS

The EU changes to Succession mean Expats must make written changes to their Will to avoid forced heir-ship and retain financial control of their affairs on first death. Overseas Property Investors are most at risk with more than one country rules affecting inheritance and succession.

This can be done with a simple codicil or with an updated Will.  Our View is that a codicil is risky. A separate codicil document could be valid, but it increases the potential of being misplaced or not accepted or not being consistent with the Will.

Make a Full Review of Overseas Property Investment Pensions with the Expat Experts.

CONTACT US