Quelques recommandations utiles pour la conclusion d’un contrat d’assurance-vie
Among the most popular investments of the French, life insurance has many advantages, including tax. It is both an excellent way to build up savings and an interesting tool for transmitting assets to your successors.
For most people, this is an opportunity to embark on a financial investment with relatively flexible operating rules. Indeed, when you proceed to the subscription of such an insurance, you will have a wide choice as for the investment support. It is possible for you to agree to a formula in euros, in units of accounts (shares, shares, etc.) or even to opt for a multi-support contract which allows you to arbitrate between various supports according to the evolution of the market.
By opting for a contract in euros, you pay sums which will be guaranteed and increased by the interest determined in the contract. Although the yields of this type of contract have fallen in recent years, they are secure. It is then necessary to choose the contract that suits you while taking into account the performance and the fees applied.
Life insurance, a means of transmitting wealth
As already mentioned above, life insurance goes beyond a simple investment of money. In the longer term, it also represents a way to optimize the transmission of assets according to the chosen contract. The latter may, in fact, include the beneficiary clause making it possible to designate the beneficiary of the contract in the event of the death of the subscriber.
It is therefore an interesting legal tool if you wish to favor a particular heir. It should be noted that life insurance is not subject to the usual rules of division of inheritance. In other words, on the death of the insured, the person designated in the clause recovers all of the savings made up while benefiting from total tax exemption.
Under the law, this provision is considered as foreign to the estate of the deceased, so there is no need to respect the minimum shares reserved for the other heirs. Most often, the spouse is designated as the beneficiary of this type of contract.
Life insurance is then an ideal solution to benefit from a tax advantage, but also from a certain family right by exceeding the thresholds imposed by the Civil Code with regard to the share of inheritance of the spouses compared to to that of children.
The tax system
In general, life insurance products do not benefit from a tax exemption, unlike the case of LDD and livret A, whose rate of return is very low. They are subject to very specific taxation, both on income and on inheritance tax.
It should also be noted that in the event of withdrawal, specific tax standards are applied for the taxation of the partial or total surrender of life insurance.
In terms of inheritance, this type of investment is governed by very favorable rules. Of course, the tax exemption of life insurance in the event of inheritance can be of considerable financial interest. However, it is only applicable within certain limits and under certain requirements related to the age of the subscriber , on the date of subscription or that of payment of the premiums.