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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

5 Best Golf Courses in Portugal 

There are many wonderful and unique attractions to be found in Portugal, and there is, without doubt, something for everyone who visits this beautiful and varied country. However, it would be hard to find an activity in Portugal as popular with both the locals, tourists and expat population as golf. Due to the agreeable climate, […]

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Saving for education fees – new factors to consider

Man holding piggy bankToday’s long term savers face many challenges. At Blacktower, we want to help you through all financial planning adversity, whether you need advice on regular savings in Grand Cayman or help with inheritance tax planning in France.

One major savings goal that many parents wish to work towards is having enough money to send their children on to higher education. This goal became harder to attain when university tuition fees were increased back in 2012, some by as much as three times. Now, a new proposal may further shake things up in terms of how much money parents will need to save.

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