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“Quick” divorces – new legislation in Italy

Previously a three-year separation was required in either case and, whilst not being particularly permissive given that a separation period is still needed, this legislation will speed up the civil process and is therefore a welcome change.

The new law modifies Art. 3 of Italian Law no. 898/1970.

Whilst in an ideal world it would be nice if all families could stay together and live in harmony until death, we have to accept that going through a divorce is becoming increasingly more common in this modern era. Becoming independent again can be very stressful for most especially as it can involve organising your wealth/settlement in a new way. We help individuals to invest capital to give them piece of mind, income streams and protection levels in line with their needs and desires, whilst incorporating tax efficiency and estate planning features at the same time.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Expats should consider short-term appeal of regular savings, says report

There are so many options when it comes to expat regular savings, but sometimes, according to a new piece of research, the best thing to do may also be the most straightforward.

The report, which was carried out by Paul Lewis (respected journalist and presenter of Money Box, Radio 4’s flagship financial affairs programme), found that over a 21-year period, regular savings actually produced better returns than shares from a FTSE 100 tracker fund.

The research has raised some eyebrows in the financial advice and wealth management industries, where it has long been the accepted position that investing in shares produces better outcomes than simply adding to expat regular savings.

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Expats look to invest in UK property market

Clients of expat financial services providers are using the nose-diving pound as an opportunity to invest in the UK buy-to-let property market, with lenders reporting an 80% increase in mortgage applications from British expats looking to make secure future financial provision.

It is a curious position: expats benefiting from economic uncertainty in their home country in order to invest in its property market at a time when the pound is approaching ten-year lows against many of its rival currencies. So, how easy is it?

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