TAX EXEMPTION FOR DONATIONS
every 15 years, you are able to make a tax exempt donation for up to:
| €100,000 | for each child and from each parent |
|---|---|
| €80,724 | for a spouse or civil partner |
| €31,865 | for each grandchild |
| €15,932 | for each brother and 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 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.
GOOD TO KNOW
LOYALTY BONUS
In the case of passing on shares or gifts to a spouse or a relative entitled to inherit, any loyalty bonus attached to Air Liquide shares is retained.
PLUS + FOR NEW MINOR SHAREHOLDERS, A COMIC STRIP! (only in French)
It is not always easy to explain to a child the usefulness and functioning of the stock market. This is why a Booklet in the original format of an educational comic book is sent: 4 versions exist adapted to the age of the minor shareholder who receives the shares. At each moving into the upper age group, he will receive the corresponding comic book.
FOCUS ON DIRECT REGISTERED SHAREHOLDERS
You can download “Hand-to-hand gifts” and “Customary gifts” forms on the airliquide.com website, in Shareholders> Forms. For gifts completed before a notary, do not forget to send a copy of the notarized documents to Air Liquide’s Shareholder Services.