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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

How to Reduce and Manage Financial Stress

With the events of the last two years resulting in increased stress levels for many, it is more important than ever to recognise the impact of stress on our mental and physical wellbeing and take steps to prevent or reduce stress becoming a catalyst for more serious health concerns. Financial pressure is one of the […]

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Regular savings or not, your pension planning matters

As the baby boomers hit pensionable age, the issue of pensions has become more important politically than ever before. This is a fact which has been reflected in the raft of changes that have been made by both the current and the previous government over the past few years. Baby boomers could be forgiven for feeling a little confused by it all and even retired expats with considerable regular savings are no different; pensions and pensions rules affect all.

Whoever you are, wherever you have settled in Europe and whatever the nature of your pension scheme – final salary or defined contribution – it is essential that you get advice regarding both your expat regular savings and your pension scheme; it can mean the difference between uncertainty and security.

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