On Tuesday 31st October, the UAE government introduced a new law (Law No. 15 of 2017) which officially recognises that non-Muslims with assets in Dubai can register a Will in English under ‘internationally recognised common law’.
With the recent wave of independence movements, never before in my lifetime has it seemed so important for the English and French to understand each other. In this spirit of mutual understanding I have set out below some key succession and inheritance differences between England and France. From my experience, when you can see, or even better, anticipate, an issue from the other side of the Channel before it becomes a problem, differences diminish and harmonious solutions become possible.
Homemade wills are, generally, easier to challenge. There are a number of things which a court will be looking for when it considers whether a testator was capable of making a will. Firstly, the person must have the requisite mental capacity to make a will. They must also know and approve the contents of that will.
For most divorcing couples, how to deal with the family home will be an important issue. It may be agreed or ordered by the court that the jointly owned family home will be sold. More often, one of the parties will remain in the home (especially if there are young children) on one of the following bases.
There are currently around 2.4 million Lasting Power of Attorneys (LPAs) registered in England and Wales. This figure is set to rise with an increasingly aged population and attendant increased risk of more and more people losing the mental ability to deal with their financial affairs. It’s estimated that 850,000 people in the UK already suffer from dementia.