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Estate and Succession Planning, Foundations

Succession issues present private individuals with difficult decisions and are also far from everyday routine for most entrepreneurs. One consequence of this is that ownership of companies and assets is frequently transferred too late or with less than optimal results. In order to avoid threats to the life work of an entrepreneur (e.g., due to taxation, forced heirship rules and settlements or outdated succession clauses), succession issues should be openly addressed and carefully planned. For example, it is possible to achieve the desired economic effect and optimum tax treatment whenever a transfer of assets to the ensuing generation or protection of the assets (e.g., by establishing a foundation) is involved. We can guide you through this difficult process by providing professional and personal advice in the form of the following services:

  • Forward-looking succession planning
  • Proactive avoidance of managerial conflicts among heirs, settlements between various branches of the same family, foundation design (charitable foundations, private trusts, double foundations)
  • Establishment of living trusts (gifts, assignment for consideration)
  • Generational transfer agreements (annuities, compensatory payments, pensions, etc.)
  • Optimal use of tax relief (favorable treatment of operating assets, share pooling, creation of commercial housing associations and tax entities)
  • Assistance in the context of the formulation of wills of business owners and testamentary dispositions, alignment of provisions of wills and shareholder agreements
  • Defense or enforcement of inheritance rights or forced heirship claims
  • Valuation of companies and personal assets
  • Mediation in connection with inheritance disputes
  • Execution of wills to ensure implementation of testamentary intent

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