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Law firm in Paris : What is a tontine clause?

What is a tontine clause?

The tontine clause that must be inserted in the acquisition act, is often considered in the scope of the protection of the surviving spouse or the partner. This clause foresees that the owner of the goods shall be the survivor of the signatories of the tontine pact. Often it aims to avoid the application of the hereditary reserve to the death of the first of the spouses or partners.

But pay attention to the tax system for those that are not married nor in civil unions.