ASSETS / SUCCESSION / FOUNDATIONS
The design of a succession concept for one’s own company as well as for one’s own private sphere of assets is certainly the most challenging task that an entrepreneur or private person has to face. It requires not only the consideration of complex legal and tax framework conditions, but also intensive communication with the children and grandchildren.
We advise our clients in this legally and humanly ambitious area and jointly develop succession and transfer concepts that are in the interest of all parties involved. This may concern only individual asset components or the entire entrepreneurial sphere of the entrepreneur. In doing so, we take into account above all the personal circumstances within the family.
In view of increasing mobility, we focus on the tax consequences of moving away or moving in, as well as on multiple residences. A special focus is also the integration of foundations and trusts as a means of private and corporate succession.
Due to our integration into the AlliottGlobalAlliance and our other international partner law firms, we are also able to advise our clients on cross-border asset and company succession and to shape this together with our partners.