New European succession regulations, known as Brussels IV, which came into effect on 17th August 2015, will have an impact on both UK residents with property in other EU states and UK expatriates resident in other EU states.
The new rules are designed to ensure that nationals of any state, including non-EU states and EU states, can make a choice through their Will to apply their own national laws to the succession assets in other EU states.
From an article published in International Adviser on 17-08-2015 by Tony Mudd, divisional director, tax & technical support at St. James’s Place
