endowment Toulouges

endowment : Everything you need to know about passing on your assets with Dauthuille Conseil Patrimoine in Toulouges.

The endowment is an excellent way of passing on your assets during your lifetime while enjoying significant tax benefits. Whether you want to protect your loved ones, plan ahead for a succession or optimise the management of your assets, a well thought-out gift can be an ideal solution. At Dauthuille Conseil Patrimoine, wealth management experts in Toulouges, we can help you take this step to secure your estate and reduce your tax bill.

Why make a endowment?

Anticipating the transfer of your estate is essential if you are to avoid the administrative and tax burdens that can weigh down your heirs. There are several advantages to making a endowment:

• Reduce inheritance tax by taking advantage of attractive tax allowances.
• Ensuring fair transmission between beneficiaries.
• Avoid family conflicts by structuring the distribution of assets during your lifetime.
• Support a loved one with immediate financial assistance.
• Retain partial control over certain assets through a gift with usufruct reserved.

The different types of endowment

There are several forms of endowment, adapted to the needs and objectives of each donor.

1. Gift of full ownership

A gift of full ownership enables a property to be transferred definitively to a beneficiary. The beneficiary becomes the owner without restriction. This solution is ideal for passing on property or financial assets directly.

2. Gift with usufruct reserved

A gift with usufruct reserved is an interesting option for retaining certain rights over a given asset. For example, you can sell a property while continuing to occupy it or receive rent from it until your death. This mechanism reduces the taxable value of the property and therefore optimises the tax treatment of the transfer.

3. Gift-sharing

A shared donation allows you to organise the distribution of your assets among your heirs during your lifetime. It has several advantages:

• Definitively establish the distribution of assets, thus avoiding any future disputes.
• Benefit from tax allowances applicable to each share allocated.
• Ensure fairness between beneficiaries to avoid inheritance disputes.

4. Gifts between spouses or civil union partners

This endowment allows you to protect your spouse or civil partnership partner by passing on part of your estate during your lifetime. It offers significant tax advantages and helps to improve the financial situation of the beneficiary in the event of the donor's death.

5. Manual donations and exempt family gifts

Some forms of endowment are tax-efficient:

• Manual donations, which involve sums of money, furniture, jewellery or shares.
• Exempt family gifts, which allow you to pass on up to €31,865 every 15 years to a child, grandchild or great-grandchild without paying gift tax.

What is the tax treatment of a endowment?

The tax treatment of endowment varies according to the relationship between the donor and the beneficiary, and the nature of the property transferred.

1. Tax allowances depending on the beneficiary

The tax authorities provide for allowances that enable part of the endowment to be exempt from transfer duties:

• 100,000 per parent and per child, renewable every 15 years.
• 31,865 for a grandchild.
• 15,932 for a brother or sister.
• 7,967 for a nephew or niece.

2. Gift tax

When the value of the endowment exceeds the applicable allowance, gift tax is calculated according to a progressive scale. The higher the amount, the higher the rate applied.

Mistakes to avoid when endowmenting

An ill-prepared endowment can have unforeseen tax or inheritance consequences. Here are the main mistakes to avoid:

1. Don't formalise the donation

All endowment real estate transactions or transactions involving large sums of money must be carried out before a notary to guarantee their validity and avoid disputes.

2. Forget the tax impact

It is essential to optimise the transfer by taking advantage of tax relief and strategically structuring the endowment.

3. No provision for equitable distribution

An unbalanced endowment can cause tension between heirs and give rise to disputes at the time of inheritance.

4. Neglecting usufruct and the management of the property transferred

If you wish to retain certain rights over the donated property, it is essential to structure the endowment by including a usufruct reserve.

Why use Dauthuille Conseil Patrimoine to organise your endowment?

By calling on Dauthuille Conseil Patrimoine, a specialist in wealth management in Toulouges, you can secure your endowment by benefiting from expertise tailored to your situation.

• Personalised support to help you structure the transfer of your assets.
• Tax optimisation to reduce gift tax.
• Working with notaries and tax specialists to ensure your endowment is compliant.
• An in-depth analysis of your family and financial situation to help you choose the best strategy

Anticipate your endowment today with Dauthuille Conseil Patrimoine at Toulouges.

Organising your endowment is an essential step in protecting your loved ones and passing on your assets under the best possible conditions. By looking ahead, you can avoid unpleasant surprises and ensure a smooth transition of your assets.

Contact Dauthuille Conseil Patrimoine at Toulouges today to benefit from tailor-made support and optimise your wealth transfer