The donor is exempt from taxes.
The donor prevents conflicts at the time of succession.
A will can be modified, revoked or even cancelled by the testator at any time, whereas a gift is an irrevocable and therefore final act.
Due to a new marriage,
Warning! In matters of cohabitation and in the absence of a property separation agreement, the Supreme Court is sometimes required to apply the rules relating to the "presumption of apartment sharing" and thus grant one of the parties a significant share of the residence!
Prevent potential creditors from confiscating a property
Warning! If the spouses do not live together, the spouse benefiting from the real estate property, or part of the property, will have to pay one third of the acquisition tax they would have had to pay in case of purchase!
OUR ADVICE:
A.
B.
C.
D.
E.
You will be able to live in the real estate property that is the subject of the gift until your death and that of your spouse. You will also be able to rent this real estate property to finance, for example, accommodation in a retirement home.
Your child will not be able to sell the property they received as a "gift" without your written consent.
Your child will not be able to mortgage their new property without your written consent.
Your child will not be able to sell or give their property or part of their property to a spouse. You can also limit this condition in time (for example 15 years of marriage). Obviously, if these conditions are not respected, you will be entitled to cancel your gift.
F.
Warning! An irrevocable power of attorney is only valid for 10 years!
N.A
