As you may be aware, French inheritance and taxation rules are very different if you leave assets to your children or stepchildren.
Until recently, each child was entitled to a tax-free allowance of €100,000 in France, whereas stepchildren were only entitled to €1,594. Furthermore, your children would be taxed at rates ranging from 5% to 45%, while your stepchildren would face a fixed tax rate of 60%.
The new rules improve stepchildren's situation slightly by increasing the tax-free allowance from €1,594 to €15,932.
However, these new rules only apply if your family situation meets certain criteria. If you have any questions about French inheritance, please feel free to contact Stone King.
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