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Wills and Succession Planning

German LawGerman ProbateInternational ProbateWills and Succession Planning

Does anyone know about Great-Granduncle Fritz?

What to do in Germany when an Heir (Beneficiary) cannot be found In Germany, due to the principle of universal succession (which is governed by  §§ 1922, 1937 BGB of the German Civil Code), it is the heir´s duty to look after the estate. Under German inheritance law, there is no personal representative to take possession of the estate. The German Probate Court (“Nachlassgericht”) will also not interfere with the administration of the estate. The…
Bernhard Schmeilzl
July 23, 2018
German LawGerman ProbateGerman Succession & Inheritance LawGerman Tax LawWills and Succession Planning

If your Parent or Child passes away while having been resident in Germany…

... then German Succession Rules do apply to the Estate! Since August 2015, all EU members (except for UK, Ireland and Denmark) apply the same basic rule: The national succession laws of that country shall apply in which the decedent had his or her last habitual residence (EU Succession Regulation, EU 650/2012). Thus, if your parent or your child has been permanently living in - for instance - Germany, France or Spain and sadly dies…
Bernhard Schmeilzl
March 6, 2018
German LawGerman Succession & Inheritance LawGerman Tax LawWills and Succession Planning

“I want to make a Gift to my Child in Germany…”

... but my son-in-law / daughter-in-law shall not benefit from such a gift or inheritance! Is that possible under German law? Yes, it certainly is possible. Spouses are sometimes under the impression that they have an automatic entitlement to any gift the other spouse receives, whether as a lifetime gift or as an inheritance. Simply by virtue of the fact they are married. Under German law, this is certainly not the case. Unless the spouses…
Bernhard Schmeilzl
February 8, 2018
German ProbateGerman Succession & Inheritance LawInternational ProbateWills and Succession Planning

How to deposit a Will in Germany

Keep your German will at home or have it registered with German probate court? If you live in Germany or have significant assets there you should consider making a separate last will with regard to those German assets. If you do so, the question arises where to store the will. In case you opted for a so called public will (i.e. a will recorded before a German notary), an official copy of your German will…
Bernhard Schmeilzl
January 26, 2018
German LawGerman ProbateGerman Succession & Inheritance LawGerman Tax LawInternational ProbateWills and Succession Planning

This is what a German Gift Tax & Inheritance Tax Bill really looks like

Understanding a German Inheritance Tax Statement Inheritance tax in Germany is calculated very differently from the IHT in the United Kingdom. First of all, under German law, not the estate as such is being taxed but each individual beneficiary. Secondly, each beneficiary has an individual tax rate and an individual tax allowance, based on the amount received and the degree of kinship. And, last not least, German law applies the concept of gift tax which…
Bernhard Schmeilzl
January 18, 2018
Austrian Inheritance LawAustrian ProbateGerman LawGerman ProbateGerman Succession & Inheritance LawGerman Tax LawInternational ProbateWills and Succession Planning

British Expats Beware of Foreign Succession Laws and Foreign Inheritance Tax

Children of British Expats in Europe often are entitled to the Estate without even knowing it. EU Succession Laws are full of surprises. British expats who are resident in Europe, let's say in Germany, Austria, France or Spain, rarely are aware that ever since the introduction of the EU Succession Regulation (August 2015), if they pass away while being resident in that country, the Inheritance and Succession Laws of that country of residence will most…
Bernhard Schmeilzl
October 11, 2017
Austrian Inheritance LawGerman LawGerman ProbateGerman Succession & Inheritance LawWills and Succession Planning

If a British Testator relocates to Europe…

... the surviving spouse may be in for an unpleasant surprise Since 2015, according to the rules of the EU Succession Regulation, the criterion "last habitual residence" of the deceased determines which succession laws apply to the estate. If, for instance, a British national moves to Spain, Germany or France and later on dies there, then the respective national succession laws, i.e. Spanish, German or French succession laws, do apply (except with regard to UK…
Bernhard Schmeilzl
September 28, 2017
German ProbateGerman Succession & Inheritance LawInternational ProbateWills and Succession Planning

Living Wills and Advance Directives for Medical Decisions in Germany

Advance directives in Germany: How to plan for medical care in the event of loss of decision-making capacity Our law firm specialises in international wills and succession planning for German-British and German-American clients. In this context, our international clients often also ask us to assist with the related matters of creating a Living Will, a Healthcare Proxy, a Lasting Power of Attorney or Advance Directives for Care or End of Life Medical Treatment. All these…
Bernhard Schmeilzl
September 21, 2017
German LawGerman Succession & Inheritance LawInternational ProbateWills and Succession Planning

Preparing International Wills: A Checklist for Clients and their Lawyers

Complete Questionnaire for International Families and Expats who are resident or own Assets in Germany or Austria If you or your client owns assets in more than one country, or if a beneficiary is resident in another country than the testator, chances are that the executor and/or the beneficiary need to obtain probate in more than one country. Since the EU Succession Regulation neither applies to the United Kingdom nor to Ireland, the option to…
Bernhard Schmeilzl
September 14, 2017