Abstract

Abstract The German family foundation is able to bundle assets in an independent legal entity. In this way, even companies can be continued and developed further. The family foundation serves to support the family members. The inheritance tax law that has been in force for a number of years makes it attractive from a tax perspective to transfer companies with high assets to such family foundations. For this reason, the family foundation has even been called a queen of succession planning under the current German laws.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.