The transfer or donation of real estate, company shares and other assets is an important instrument of succession planning.
It is important to keep the applicable gift tax in mind from the very beginning. When planned properly, giving gifts offers the opportunity to significantly reduce future inheritance tax and, if necessary, even completely avoid it.
We advise our clients on all matters related to donations and gift taxes. We assist in determining the value of the donation, advise whether a right of use should remain with the donor, for example a right of residence or a usufruct right, and how such a right should be taken into account when determining the donation. We determine the value of such a right, taking into account the respective personal tax class and any existing tax allowances that are likely to be applicable. We work closely with lawyers and notaries during the contractual implementation of the donation to jointly achieve the optimal outcome for our clients. After the donation has been completed, we prepare the corresponding gift tax returns for our clients to ensure that all relevant facts are fully taken into account in the returns.
As tax advisors, we advise our clients on all tax-related matters, identify existing tax risks, and suggest solutions to avoid tax risks.
