Inheritance trap

Complex inheritance laws and a change of government mean French home owners need to review their tax status, says Matthew Cameron

One of the major principles of the EU is the freedom of movement and establishment of individuals throughout the European economic area.

It is increasingly common for people to move across jurisdictions for work and retirement, as well as to spread their estates across borders. Legal and accountancy professionals will regularly encounter clients with a property in another country within the EU, or even further afield.

A wider distribution of an individual’s assets often results in increased complexity in the management of their affairs, whether for ongoing tax matters, or in the administration of their estates upon death.

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