"The term PACS stands for Pacte Civil de SolidaritÃ© , which was introduced into French law on 15 November 1999 . Put simply , a PACS is a contract signed by two people of the same sex or opposite sex , who are over 18 years old and want to organise their life together . ItÂ ’ s an agreement that can not be entered into by two people who are part of the same family , who are already married or who are already part of a PACS . The contract Â– which can prepared by the parties themselves or by their lawyer - is registered together with all relevant documents at the registered office of the civil court in the area where the couple live . The couple are free to detail their obligations to each other in the contract . But in any case by law they are obliged to help and assist each other . The precise level of support is proportional to their income . The couple are jointly responsible for any debts incurred by the other through normal daily living Â– but not if those expenses are deemed excessive . All other debts remain an individualÂ ’ s personal responsibility . Unless the couple have decided to hold their assets in common according to the system of Â ‘ indivisionÂ ’ - where each item bought after the PACS is signed is deemed to belong jointly to both of the partners - the estates of each partner remain separate . Each partner remains the owner of the assets he or she buys - and responsible for his or her debts . The main advantages of a PACS are concerned with tax . The Â ‘ pacsÃ©sÂ ’ as they are known in France benefit from being taxed as a couple - and not as two separate individuals . This can often reduce their overall income tax burden And since August 2007 , the surviving partner of a PACS benefits from the same inheritance tax regime as a surviving spouse in a married couple - which means there are no death duties to pay ."
"Bonus question : ( Can you spot the grammatical error within the quoted text ? )"
"The term PACS stands for Pacte Civil de SolidaritÃ© , which was introduced into French law on 15 November 1999 ."
"Can you spot the grammatical error within the quoted text ? )"