Asset succession planning is a process in which many tax law, inheritance law, property law and often corporate law issues converge. The focus is on asset protection and its transition to the next generation with as few complications as possible. We have a proven expertise in accompanying this process, the scope of which can range from the examination of individual legal issues under tax and inheritance law to a comprehensive scenario analysis involving all parties, depending on your requirements.
We have developed a special tool (“Succession Audit”) according to which this process is structured in phases. On the basis of an inventory, the existing succession structures are subjected to a stress test (What if, …) and, if necessary, legally secure and tax-optimal succession concepts are proposed, which are then tailor made in the discussion.
Succession planning solutions that contain special purpose structures like foundations / trusts / Stiftungen remain in demand. For those interested in Stiftungen, we recommend the following article, which is still up to date in substance (Alders, Die Doppelstiftung als Instrument der Unternehmensnachfolge – von Philanthropie und steuerbegünstigter Planung, Bucerius Law Journal 1/2011, p. 3-7, freely available in German at: law-journal.de).