If you live in the UK and own property overseas you should take steps to find out what would happen to that property if you died and what tax consequences would follow. The position will be different to the position in the UK and may be unexpected. A good starting point is to read an accessible publication called “Cross-border successions: A citizen’s guide: how EU rules simplify international inheritances”. This can be easily be found on the Internet. However, with BREXIT in the pipeline, it is important to obtain specialist advice on this, possibly from one of the overseas advisers practising in this country. I work with many such advisers to notarise and arrange legalisation for succession documents, so they are in a form that is acceptable in the overseas country.
