The Intended and Unintended Effects of the UK’s Not Opt-In to Regulation 650/2012 on Cross-Border Succession by Mireia Artigot-Golobardes

Mireia Artigot-Golobardes has made available for download her article, “The Intended and Unintended Effects of the UK’s Not Opt-In to Regulation 650/2012 on Cross-Border Succession”, published in the Wills, Trusts, & Estates Law eJournal Vol. 12, No. 6, Feb. 2016.

The Abstract begins as follows:

The European Commission adopted a “Regulation on jurisdiction, applicable law, recognition and enforcement of decisions in matters of succession.” One of the most important issues that this Regulation addresses is the determination of the law applicable to a given succession for nationals of one member state with habitual residence in another member state. The Regulation provides that in such cases, the governing law to the succession will be the law of the state in which the deceased had his or her habitual residence at death.

The UK, together with Ireland and Denmark, did not opt-in to this Regulation. This paper analyzes the impact of the UK’s decision not to opt-in to the Regulation and argues that the UK will manage to preserve its system of private international law but will not avoid being affected by the provisions of the Regulation. In this sense the UK will minimize, but not escape, the effects of the European Regulation on cross-border succession.

 

Source: The Intended and Unintended Effects of the UK’s Not Opt-In to Regulation 650/2012 on Cross-Border Succession by Mireia Artigot-Golobardes :: SSRN

Posted by Pooja Shivaprasad, Associate Editor, Wealth Strategies Journal

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