The Institut Pasteur is a registered charitable foundation and, as such, it is authorized to receive bequests that are exempt from inheritance tax.
TO LEAVE YOUR LEGACY THROUGH A BEQUEST:
You need to draw up a will and have it checked by a notary.
TO WRITE A WILL:
You can either draw it up yourself (this is a handwritten or "holograph will"), or draw it up before a notary (this is a formal will) .
BY FRENCH LAW, THE BEQUEST MAY APPLY TO:
- all of your assets: this is a universal bequest, a testamentary disposition by which you donate all of your assets at your passing to one or more persons or organizations. You can only consider this option if you have no rightful heirs.
- part of your assets: this is a bequest by universal title in which you bequeath a proportion (30%, half, etc.) of the assets which you may legally dispose of.
- one or more specific assets or items or a sum of money: this is a particular bequest.
A bequest only comes into effect after the passing of their author.