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Company Succession / Estate Planning

We advise small and medium-sized enterprises (SMEs), particularly family firms, on how to structure their company succession. This gives rise to numerous interfaces between inheritance and gift law, inheritance tax law, company law and family law.

Ideally, the preparatory planning for a company succession should begin years before the company is actually transferred to family or even external successors. When a transfer is planned, the corporate and tax structures should be optimized in plenty of time before the transfer.

Establishing criteria for choosing a successor and for allowing family members, who will not be involved in the business's operations, to have a stake (developing a family strategy, solutions with family councils) is especially important in the context of a family business. From a tax perspective, foundations, which enjoy tax privileges, become more interesting and important as an element of company succession.

We also advise wealthy private clients on planning the transfer of their wealth while alive as well as on inheritance planning. Here too income and inheritance tax play a big role.

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Frankfurt am Main