New EU succession laws set to impact UK nationals in Europe

18th August 2015

The Author: Craig Gardner
Craig works in the Madrid office as a Financial Planner and is responsible for helping clients make better financial decisions.

Last Will and Testament with a fictitious name and signature. Document, Euro money, glasses and fountain pen.

New European succession regulations, known as Brussels IV, which came into effect on 17th August 2015, will have an impact on both UK residents with property in other EU states and UK expatriates resident in other EU states.

The new rules are designed to ensure that nationals of any state, including non-EU states and EU states, can make a choice through their Will to apply their own national laws to the succession assets in other EU states.

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From an article published in International Adviser on 17-08-2015 by Tony Mudd, divisional director, tax & technical support at St. James’s Place

If you are UK resident with property elsewhere in the EU, or if you are a UK expatriate resident in the EU, contact us for advice about Wills and Succession planning using the blue box to the right…

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