Marriage, Pacs, cohabitation: benefits and drawbacks
Today, couples have the choice between several unions: marriage , cohabitation and the Pacs. Each status has its own characteristics, to study carefully before embarking on a life of two.
Marriage, Pacs, cohabitation : comparison
Zoe and Yohan decided to live together. Their aim is to make the legal framework of their union coincide with their present and future situation. The notaire explains the legal, financial and tax consequences of each status.
If Yohan and Zoe get married
They conclude an act both legal and solemn which entails duties and rights extended between spouses, fixed by the French Civil Code and jurisprudence. If one or both of them decide one day to end the marriage , they will have to start an amicable or contentious divorce procedure.
If Yohan and Zoé opt for PACS
They sign a contract at the end of which they must mutual aid and material. If they decide to break the PACS, unilaterally by bailiff or jointly, the dissolution will be registered either at the town hall of the place of residence of the partners on the date of the registration of the PACS, or at the notary who registered the PACS . (If the PACS was concluded before November 1, 2017 before the registry of a Court of Instance, the dissolution will be done before the registrar of the municipality of the place of the registry of the Court of Instance which registered the PACS).
If Yohan and Zoé opt for cohabitation
Cohabitation is a factual situation. It entails neither duty nor obligation and no procedure is required to put an end to it.
- I am French and I married a Brazilian. We live in Brazil and I go back and forth to France. I want to buy a property in France alone, can I do it without the intervention of my wife?
- I inherited a property during my marriage. I would like it to be included in the community of property existing between me and my wife. I do not want to make a change of diet. Is it possible to use a Property Investment Company?
- I am married under the separation of property regime and have two children. If I die, do my children inherit all my wealth?
- A husband dies leaving his spouse, father and two brothers. How will the estate be devolved in case of renunciation of the father?