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Advice for International Properties |
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The law of properties knows practically no internationally harmonized rules. Accordingly, cases involving the law of properties with foreign connections regularly lead to many complicated questions. In particular the acquisition of real property or apartment ownership is subject to entirely different rules in each country. The tax burden involved in these transactions is often substantially different as well. These aspects have to be taken into account when arranging succession of property, be it in the form of property transfer during the transferor's lifetime or in the form of inheritance. Particularly where international inheritances are concerned, the fiscal burden is often considerable. Taxes can be minimized considerably through early planning and configuration. We draft a tailor-made solution for you. In cases where a death occurs, we will also support you in coping with the administration of the estate and the other arrangements at hand. Our counseling is focused on: •Minimization of taxes in the succession of property by way of foresighted arrangement
•Tailor-made wills in international cases
•International estate administration
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