Passing on real estate assets isn’t something you can wing. All too often, families find themselves forced to rush through the estate planning process and end up facing higher taxes.

The main challenge: preventing your children from having to pay exorbitant taxes upon your death and establishing governance rules.
The solution? Plan ahead. And above all, give while you can.

The Effective Strategy: Gifting with Separation of Ownership
It is based on a simple yet powerful principle:
• The parents (donors) retain the usufruct 👉 they continue to live in the property or collect rent
• The children receive bare ownership 👉 they become full owners of the estate upon the termination of the usufruct (death of the usufructuary) without any additional inheritance tax to pay.

The practical benefits:
✔️ Significant reduction in estate taxes
✔️ Gradual and controlled transfer of assets
✔️ Preservation of income and quality of life for parents
✔️ Avoiding urgent and often costly decisions

Why take action early?
The earlier the transfer takes place, the more effective the tax optimization. The bare ownership interest being gifted is determined based on the age of the usufructuary; the younger the recipient is at the time of the gift, the smaller the bare ownership interest. Time becomes an ally: it allows you to spread out the gifts and maximize tax exemptions.

Our firm is available to advise and assist you with the implementation of this program.