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Estate Panning

Civil actionCriminal LawEstate PanningWills and Succession Planning

Bristol Will Writers cheat German beneficiaries out of their £400k inheritance from UK aunt

WDS ASSOCIATES LEGAL SERVICES LTD "LOSES" £1.6 MILLION CLIENT FUNDS Will Writers do not have the best reputation. Already back in 2010, BBC One aired a 30 min report titled "Wills - The Final Rip Off?"  accompanied by this article.  A current case involving the Bristol based "law firm" WDS ASSOCIATES LEGAL SERVICES LTD shows that this bad reputation is not entirely undeserved. That firm, which has earned a large number of horrific client reviews on Google…
Bernhard Schmeilzl
May 22, 2025
Business in GermanyConveyancing GermanyEstate PanningFamily LawGerman Corporate LawGerman ProbateGerman Real Estate LawGerman Succession & Inheritance LawGerman Tax LawProperty in GermanyWills and Succession Planning

How to transfer German property to your children or grandchildren tax free

Estate planning in Germany by way of a property management partnership (vermögensverwaltende Personengesellschaft, Familiengesellschaft) If you own (or have inherited) property in Germany, it makes sense from a German tax mitigation perspective to transfer some or all of it to your children or grandchildren during your lifetime. In fact, as early on as possible. Because this allows you to take advantage of the high German gift and inheritance tax allowances multiple times. One particularly efficient…
Bernhard Schmeilzl
January 7, 2025
Conveyancing GermanyEstate PanningGerman ProbateGerman Succession & Inheritance LawWills and Succession Planning

How to mitigate German Gift and Inheritance Tax by way of Niessbrauch (usufruct, life interest, reservation of benefit)

Why German estate planners and tax lawyers love the tool "lifetime gift with a reserved life interest" Any German testator who has offspring and who owns a significant estate and therefore asks their German tax lawyer about estate planning advice on how to transfer the family wealth onto the next generation without paying unneccessary German gift tax or inheritance tax, will, inter alia, be proposed to make use of the standard German estate planning tool…
Bernhard Schmeilzl
October 4, 2024