Inheritance tax (formal-legal inheritance tax) is incurred when the inherited property exceeds the exemption limits. This additional tax burden can be avoided and reduced by good tax advice. We assist the testator in preparing his will and legacy. In addition, we create for the heirs all necessary registrations and the inheritance tax declaration.
In most cases, assets up to EUR 10 million can be transferred to next generations free of inheritance tax and gift tax. Because the inheritance tax law provides the following allowances for inheritance cases and gifts (summary):
This article does not replace tax or legal advice in an individual case. Facts, current law, jurisdiction, documentation and implementation remain decisive.