It’s a fact: working is no longer enough to raise one’s
standard of living. Unlike the 1970s, in fact, and as revealed in a note from the Economic Analysis Council dating from 2022, 60% of household wealth is now inherited. It must be said that, to help their children in this difficult economic situation, many parents are anticipating thelegacy.
There are also many who seek to avoid
inheritance fees which could weigh too heavily on their children’s finances. Costs which, as explained exclusively for Marie-France
Master Jean-Baptiste Bulletspokesperson for the Paris Chamber of Notaries, can be avoided below a certain amount paid during the distribution of the inheritance.
Inheritance: here is why the number of children can affect inheritance costs
well that “the majority of inheritances in France” are not taxed in France, some
precise rules still allow those who are not to pay too much. As Jean-Baptiste Bullet, who himself works in the Paris region, explains to us, everything depends on the number of children. “The more children we have, the more heritage we will be able to pass on”he indicates initially.
And to specify: “The reduction which exists, that is to say the part which is transmitted for freeit is €100,000 per parent and per child. So if we have four children, that’s €800,000 (for a married couple, editor’s note). Whereas if you only have one child, that’s only €200,000.” Have a
big family is sometimes not enough to avoid inheritance fees on an inheritance.
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This other detail which can play a role in inheritance costs
This other detail which can play a role in inheritance costs
When you prepare your inheritance, another detail can impact inheritance costs. And these are the real estate that you own. Or, more precisely, where they are located. “Depending on where you live in France, a house does not have the same value. Especially when it is your main residence,” would like to indicate the notary.
And to conclude: “Obviously, homes that are in areas with very high property prices will be much more easily taxed upon transfer than in areas where the price per square meter is low.” Tips to consider when prepare your inheritanceto be able to anticipate them, and cushion them as best as possible through different tips.
