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| The dual trust – an unusual type of succession scheme | ||||
| Succession
schemes; advice on succession
Family trusts; trust-based solutions |
Over the last few years, private wealth has hit historically record highs in Germany. Assets have been destroyed neither by war nor inflation, but can be transferred unimpaired to succeeding generations. On the other hand, we see a considerable loosening of family bonds.
Many elderly people are therefore considering whether to transfer their
assets to their own descendents at all, or whether to do so only in
part, and to devote them instead to a good cause. When large quantities
of assets are involved, a Doppelstiftung & Co. KG (dual corporate
trust) may be the right scheme. |
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