Good to know…
For Shareholders who hold their shares directly with Air Liquide: documents to download or send
On the airliquide.com, website, you may download forms for “Hand-to-hand gift” and “Customary gift” from the Shareholders section, under Essential documents. In the event of a gift witnessed by a notary, remember to send Air Liquide a copy of the notarized documents.
Tax exemption for gifts
Every 15 years, you may make a totally tax-exempt gift of up to:
- €100,000 for each child and from each parent
- €80,724 for a spouse or partner in a civil union
- €31,865 for each grandchild
- €15,932 for each brother or sister
- €7,967 for each nephew or niece
- €5,310 for each great-grandchild
Inheritance
You can decide how your share portfolio will be distributed among your heirs. Upon your death, a previously established certificate from your notary mentioning your marital status, the names of all beneficiaries, and the number of shares attributed to each beneficiary will allow the portfolio to be distributed according to your wishes. Your account keeper (Air Liquide for Shareholders holding their shares directly with Air Liquide or your financial institution for Shareholders using a financial institution) will execute all instructions given by your notary or the person managing your estate. To enable your shares to be revalued, your account keeper needs to receive a copy of your inheritance declaration form.
Who to contact
Your notary can advise you on personalized solutions for passing on shares as part of a gift or inheritance and will draft the necessary deeds.
THE AIR LIQUIDE ADVANTAGE
An educational comic book offered to minor Shareholders who hold their shares directly with Air Liquide.
Available in 4 versions to suit different ages, it is mailed to our youngest Shareholders to introduce them to the stock market and Air Liquide’s business activities.
A few examples:
A shared gift with division of ownership rights (Inter-vivos distribution donation) allows you to pass on your shares while continuing to receive the dividends, or usufruct. Usufruct may be full or partial, and gift duties are reduced as they are based on the bare ownership value of the gift.
A ban on giving up the shares prevents the shares from being sold or gifted for a period set by the grantor.
The right of return allows the grantor to take possession of the shares again if the grantee dies first.
In all cases, do not forget to leave instructions or documents for your beneficiaries.
Note: in the event of the Shareholder’s death, please contact the Air Liquide inheritance team at successions@airliquide.com.