The implementation of the Brussels IV Regulation in August this year should make it easier for UK resident and domiciled individuals to deal with their overseas (EU) assets
Simplifications to EU succession law could result in changes to the way assets owned in some EU jurisdictions pass on to your family. Over the years individuals and families have increasingly acquired and held assets outside the UK, but until now there was no overarching system to determine how cross-border estates are dealt with on death. As a result, the administration of estates with assets in more than one EU jurisdiction was expensive and time consuming.
