Succession planning for private persons

Rödl & Partner is happy to support you as a private person, your asset management companies and family offices with the planning and implementation of the asset succession.

The last will and testament is an important foundation for the succession concept. Furthermore, the exploitation of contributions exempt from tax in the testator's lifetime can be used to transfer the assets to the next generation where an inheritance is anticipated. In this process, however, the benefactor should not forget their own financial requirements in old age and reserve sufficient funds for medical care (e.g. usufruct). Considerations for the succession should take into account the matters and special points of the family.

In addition to legal and tax asset structure planning we provide comprehensive support with the design, fine-tuning and implementation of your succession concept for your private assets:

Design and structuring

• Development of the right asset structure for the succession
• Anticipated inheritance, family companies
• Integration of foundations in the succession concepts (family foundations, charitable foundations, foundations in Germany and abroad)

Inheritance tax/gift tax and valuation

• Use of free allowances, gifts to the one after next person in the line of succession, property arrangements, arrangements for the family home 
• Design of facts favourable for inheritance tax (structuring of favourable business assets, transformation of administrative assets) 
• Valuation of inheritance tax liability
• Inheritance tax controlling, inheritance tax simulation

Last will and testament, powers of attorney and other contracts

• Design of last will and testament and inheritance contracts 
• donation contracts
• Family contracts, matrimonial property agreements (for married couples)
• Precautionary powers of attorney
• Administration and settlement of the estate

Care provisions and influence on the design

• Care provision for the senior generation and those giving up their inheritance, concepts for transfer of assets 
• Receipt and transfer of influence possibilities for the senior generation (family pool)
• Usufruct arrangements
• Forced heirship arrangements 
• Asset protection