ESTATE RIGHTS. Emmanuel Macron announced two proposals as part of the presentation of his programs at the Docks de Paris in Aubervilliers, this Thursday, March 17 on inheritance rights.
[Mis à jour le 17 mars 2022 à 16h35] Emmanuel Macron announced two campaign proposals during the presentation of his program in Aubervilliers (Seine-Saint-Denis) this Thursday, March 17. For the LREM candidate: “It will be necessary to make historic choices for our nation, to have confidence in progress and in humanism“. This is why the current Head of State has proposed the following two measures concerning the rights of succession in the event of re-election:
- Creation of a discount for indirect lines (brothers, sisters, nieces, nephews) in order to take into account the transformation of families and our lifestyles.
- Increase in the deduction on direct line inheritance from 100,000 euros to €150,000.
When a person dies, his heirs are likely to call on a notary to inventory the deceased’s assets, liquidate the estate and divide the property between them. The notary thus mandated by the heirs receives on this occasion a remuneration called “estate fees”. Inheritance costs include the duties and taxes collected by the notary and transferred to the Public Treasury for the registration of the various deeds, the disbursements, which correspond to the costs that the notary pays on behalf of the heirs, and the remuneration of the notary, c ie his fees for drawing up the deeds of succession.
The cost of notary fees depends on the value of the deceased’s estate:
| Remuneration of the notary in the context of an inheritance | ||
| Acts performed by the notary | Value of the estate of the deceased | Cost |
| Act of notoriety | €60.00 | |
| Certificate of real estate ownership | Less than 6,500 euros | 2% |
| Between 6,500 and 17,000 euros | 1% | |
| Between 17,000 and 30,000 euros | 0.75% | |
| More than 30,000 euros | 0.50% | |
| Inventory | 80 euro | |
| Declaration of inheritance | Less than 6,500 euros | 1.60% |
| Between 6,500 and 17,000 euros | 0.90% | |
| Between 17,000 and 30,000 euros | 0.60% | |
| More than 30,000 euros | 0.45% | |
| Distribution of the estate | Less than 6,500 euros | 5% |
| Between 6,500 and 17,000 euros | 2% | |
| Between 17,000 and 60,000 euros | 1.50% | |
| More than 60,000 euros | 1% |
The amount of disbursements varies from one notary to another. The duties and taxes collected by the notary are set out in articles 777 to 779 of the General Tax Code.
To determine the amount of tax to which you will be subject in the context of an inheritance, discover the bInheritance tax system for children, ascendants, grandchildren, great-grandchildren.
- 5%. Less than €8,072
- 10%. Between €8,072 and €12,109
- 15%. Between €12,109 and €15,932
- 20%. Between €15,932 and €552,324
- 30%. Between €552,324 and €902,838
- 40%. Between €902,838 and €1,805,677
- 45%. Greater than €1,805,677
Inheritance tax scale for siblings:
- 35%. Less than 24,430 euros
- 45%. Greater than 24,430 euros euros
Inheritance tax scale for nephews:
- Succession between relatives up to the 4th degree: 55%.
After having calculated the share of each heir, it is necessary to apply the corresponding reductions to each heir, and to calculate the rights to be paid.
You can benefit from reductions on your share of inheritance, in particular according to your relationship with the deceased. Once this abatement has been applied, the duties to be paid are calculated according to a progressive scale. The tax authorities take into account the donations that the deceased made to you during their lifetime, so they are added to your share of the estate.
Finally, it is possible to benefit, under certain conditions, from an allowance equal to the amount of donations made within 12 months of the death. These must have been made in favor of one of the following beneficiaries: associations recognized as being of public utility,Stateor a local authority.
Please note that this tax report does not apply to certain donations. Here are the two exceptions:
- Donations that the deceased has made to you for more than 15 years
- Family donations of sums of money declared in the month following the date of donation
Inheritance fees are supposed to be paid to the notary within six months of death, but in practice the notary requests payment of the fees on the day the declaration of inheritance is signed.
The government website service-public.fr provides you with a simulator inheritance rights. Depending on the amount inherited and the relationship, you can estimate the net value of the estate and the amount of the share due to you.