Tax exemption for donations

Every 15 years, you are able to make a tax exempt donation for up to:

Inheritance

You can decide how your share portfolio will be distributed among your heirs.
Upon your death, a declaration signed by your notary stating your marital status, the names of all beneficiaries and the number of shares attributed to each beneficiary is sufficient to distribute a portfolio.

Your account manager (Air Liquide Shareholder Services for direct registered shareholders, or your financial institution for intermediary registered shareholders and bearer shareholders), will execute all instructions given by your notary or the person managing your estate. To enable your shares to be revalued, do not forget to send a copy of your inheritance declaration form to your account manager.

Note: Shareholder Services will contact your notary once it has received his/her details and the death certificate which must be sent to successions@airliquide.com.

Seek advice

Your notary can advise you on personalized solutions for passing on marketable shares as part of a gift or inheritance and will write the deeds.

Some examples:

• Inter-vivos distribution donations allow you to pass on your shares while continuing to receive the dividends, i.e. retain the usufruct. The usufruct can be full or partial. Donation rights are reduced as they are based on the bare ownership value of the donation.
• The ban on giving up your shares prevents the sale of the shares or their donation 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 who may not necessarily be aware of all of your assets.