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Thegonnec
Thegonnec, Judge
Category: French Law
Satisfied Customers: 1412
Experience:  11 years experience as judge at Paris Industrial Tribunal
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Hello, My partner and I have a jointly owned house in France,

Customer Question

Hello,
My partner and I have a jointly owned house in France, which is our only residence. We do not want to follow French property inheritance laws if avoidable.
Do you have information on setting up a trust with named people benefiting from the trust and can it apply to French property?
I would be grateful for some information on this and what would be involved.
Submitted: 3 years ago.
Category: French Law
Expert:  Nicola-mod replied 3 years ago.
Hello,

I've been working hard to find a Professional to assist you with your question, but sometimes finding the right Professional can take a little longer than expected.

I wonder whether you're ok with continuing to wait for an answer. If you are, please let me know and I will continue my search. If not, feel free to let me know and I will cancel this question for you.

Thank you!
Nicola
Customer: replied 3 years ago.

Hello,


Yes, please continue with the search. The information will be vital to us.


Cecile Anderson.

Expert:  Nicola-mod replied 3 years ago.
Hello,

We will continue to look for a Professional to assist you.

Thank you for your patience,
Nicola
Expert:  Thegonnec replied 3 years ago.
I am sorry but since this property in France is your main residence, you are deemed to be French tax residents and there is no way you can circumvent inheritance laws (these really apply only if you have children)£. Trusts were introduced in French civil law in 2007 under the name of "fiducie" but they cannot be used to circumvent either inheritance rules and French inheritance tax rules.
Thegonnec, Judge
Category: French Law
Satisfied Customers: 1412
Experience: 11 years experience as judge at Paris Industrial Tribunal
Thegonnec and other French Law Specialists are ready to help you
Customer: replied 3 years ago.

Hello again,


What about if the next house we buy includes named people as part owners? Is this very costly and worth doing?

Customer: replied 3 years ago.

Hello Thegonnec,


I did ask you another question related to the first one. As yet I have received no reply. I asked if in France it is possible to put a house into several people's names when purchasing. Could you enlighten me please?


Sincerely,


Cecile Anderson.