Donation before 70 why anticipate property succession

Excerpt: Donation before age 70 streamlines property succession and minimizes taxes for owners in Massy.

Author bio: Nicolas Benoit, director of Nicolas Immobilier, trusted expert in Massy, Palaiseau, and Chilly-Mazarin.

First photo caption: Nicolas Immobilier supports families in Massy through every stage of their succession project.

Introduction: anticipating succession before 70

Donating property before age 70 is a strategic move. Tax allowances are optimal, succession runs smoothly, and procedures are simplified for heirs. This choice protects family wealth.

Anticipate to safeguard your assets and provide peace of mind.

Key benefits of donation before 70

Property donation before 70 offers renewable allowances every 15 years. Opting for bare ownership donation lets the donor keep usufruct while transferring bare ownership, greatly reducing taxable value. For example, in Massy, an apartment valued at 300,000 euros is taxed on 180,000 euros if the donor is 65.

Five crucial decisions for successful succession before 70

To succeed:

• Review your property assets

• Choose the right formula: bare ownership, usufruct, or full ownership

• Get a free valuation to ensure fair pricing

• Monitor your local market trends

For detailed information on property succession:
https://nicolas-benoit-immobilier.fr/actualite/donation-avant-70-ans-pourquoi-anticiper-sa-succession-immobiliere

Advice from Nicolas Immobilier for Massy Palaiseau Chilly-Mazarin

Donating property before 70 protects family assets over time. The support provided by Nicolas Immobilier guarantees expertise and secures every stage of your project. For advice or to start your buying or selling process, visit the agency’s website:
https://nicolas-benoit-immobilier.fr