bb Sozietät
stiftung_und_gemeinnuetzigkeit_2

»Business Succession and Estate Planning«

In the coming years, approximately 300,000 medium-sized companies will be transferred to new owners. When structuring a succession plan, individuals typically seek an optimal solution regarding inheritance tax, long-term conservation of assets, sufficient pension funds for oneself and family and sometimes just for the sake of being altruistic. In addition, entrepreneurs often wish to keep a certain degree of influence on future generations even after death.

It is our approach to deal with the matter in a timely and pro-active manner. The form of a foundation – besides other arrangements under the applicable provisions – should be taken into consideration as well. A foundation allows the promotion of an individually defined purpose. In addition, the foundation provides a unique opportunity to create something meaningful which goes far beyond what is measured by usual material standards.

Core services:

  • establishment of a foundation under German law and selection of potential charitable purposes
  • optimisation of structuring possibilities in the foundation stage with regard to taxes
  • foundations intended for competent business succession
  • draft of the articles of association
  • negotiations with tax authorities and the supervisory authority for foundations
  • fulfilment of regular tax obligations