EU Regulation 650/2012 on international successions became applicable on 17 August 2015. This new instrument greatly simplifies successions in the European Union. Henceforth, the law of the deceased’s habitual residence will apply to the whole succession. However, citizens can choose in advance the law of their nationality for settling their succession. The press release published by the Notaries of Europe on the subject is available at: http://www.notaries-of-europe.eu//index.php?pageID=12470
For European citizens, access to information on the Member States’ succession laws is therefore of paramount importance. Aware of this need, in 2010, the Notaries of Europe, in partnership with the European Commission, set up the website www.successions-europe.eu. This website was a resounding success with more than 1.5 million visitors. The information was recently transferred to the Commission’s e-justice portal.
In parallel, the Notaries have developed new content for the www.successions-europe.eu website. The website now provides information in three languages (English, French and the language of the country concerned) on the succession laws of the 22 Member States that have notaries. The website is based on four main themes: anticipating, preparing, inheriting and paying inheritance tax. It is structured around legal questions dealt with using a notarial approach and responding to web users’ specific expectations, with respect to both legal and tax issues. All in all, the ideal tool to consult before going to see your notary!