New European succession law and its implication for Singapore residents

Committee Meeting
Tax and Legal
 
Date and Time: 
13 Jan 2016
08:30 to 10:00
Address: 
FCCS Meeting Room, 541 Orchard Road #09-01 Liat Towers, Singapore
Registration Dates: 
09 Dec 2015
to
12 Jan 2016

On 17th August 2015 new EU succession rules (Regulation (EU) No 650/2012 or the “Regulation”) entered into force, which scope affects every person (EU national or otherwise) owning assets in a European country. From now on, international successions can be governed either by (i) the law of the last habitual residence of the deceased, or (ii) the national law of the deceased, if the latter unequivocally expressed such choice before his death.

 

The Regulation simplifies the current situation: a given succession can now be treated coherently, by one single court applying one single law.

 

Citizens owning European assets shall be aware of this reform and its practical implications, so that they can organise their international succession.

 

Cécile will discuss how these rules will affect all expatriates in Singapore who own assets in Europe (whether real estate or movable properties).

About the Speaker:

  • Ms Cécile Acolas: Partner and Director, Rosemont Consulting SARL

Cécile has a five years law degree with a specialization in Business Law and Taxation. She has 15 years’ experience in international tax planning for individuals and in assisting HNWI in managing their affairs and projects.

She has given lectures in Geneva, London, France and Monaco on various topics relating to international tax and wealth planning and published articles in several international tax publications on subjects such as holding companies, pre-move planning to France and individual tax and estate planning.

Cécile specializes in estate planning for HNWI, residency planning, and property acquisition. She started her career in a French family office dedicated to international clients. She then moved to Monaco where she set up the tax and legal department for a large corporate service provider.

Cécile is now a Partner and director of Rosemont Consulting SARL in charge of international tax and estate planning for international clients.

 

 

- Please note that this event is restricted to FCCS members only -


Registration are now closed.