Usufruct arrangements do not exist under English law, but their creation and existence can, depending on the circumstances, give rise to tax and legal implications which should be considered when determining if they are an appropriate estate planning tool. The creation of a usufruct arrangement by a British individual (UK resident and domiciled) during [...]
Often in life insurance policies, legal heirs are designated as beneficiaries. However, their rights will not be divided according to the shares they are entitled to by inheritance. According to case law, the benefit is divided among them in equal shares The effects of the designation, in life insurance policies, by the policyholder of [...]
As a pillar of French inheritance law, the hereditary reserve for descendants (forced heirship) benefits, in international context, from varying degrees of protection through times. Very recently, the French legislator reaffirmed this protection by reintroducing, in internal law, a compensatory deduction right on property located in France in the event that the foreign law [...]
