Advisers welcome French IHT threshold increase

Professional Adviser
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The announcement that the French IHT threshold is increasing from €50,000 to €150,000 per parent for...

The announcement that the French IHT threshold is increasing from €50,000 to €150,000 per parent for each child has had a positive response from both life offices and financial advisers alike. Kevin Morgan, managing director of IFA firm Consilium Financial Services, said: "Clearly the rise is to be welcomed. However most people move to France for lifestyle reasons so I do not believe it will initiate a big exodus there." Brendan Harper, technical services manager at Friends Provident International, said the threshold increase hadn't come as a big surprise because Sarkozy was elected due t...

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