Donation Partage is the French process of distributing property during your lifetime. It enables a donor to gift a property to beneficiaries (typically their children) during their life whilst retaining life interest (known in France as “Donation partage avec reserve d'usufruit.”). There are several benefits, such as mitigating disputes during succession. There are also significant tax advantages. The value of a property is fixed at the time of the gift and taxes are paid on that valuation. Upon the donor's death, the property is not revalued and inheritance tax is not paid on the property.
As with all financial and tax planning, donation partage should be overseen by experts. Expert advice will help avoid costly mistakes and ensure your options are properly assessed. Donation partage can be complex and is complicated further with cross-border succession. Our expert team of French property and tax law experts can help.
France Tax Law are French succession experts. We provide high-quality French will writing, tax planning and property services. We work across the UK and France and specialise in cross-border matters. We provide tailored donation partage services to meet your unique situation. We can advise on your available options and help you choose the best route for you.
Our team, including a French-qualified notaire, understand UK and French law and have more than two decades of combined notarial experience.
In addition to donation partage, we offer a comprehensive range of services, including:
We work on legal matters (and alongside French notaires) in France, Switzerland, Luxembourg and the principality of Monaco.
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