- Charities, philanthropy and gifts
- Cross-border estate planning
- Education, training and preparation of next generation
- Emergency measures
- Emigration and immigration
- Estate planning
- Estate taxes and duties
- Family assets; art, portfolio, realty
- Family business
- Family disputes and solutions
- Family Governance and Family Charters
- Family Office
- Foundations and Trusts
- Last will and testament
- Living will
- Marriage contracts, nuptial agreements and matrimonial law
- Personal income tax
- Protection of assets
- Residency
- Structures to hold, control or manage family wealth
- Succession planning and transfer to next generation
- Tax Planning
Gift tax in Denmark – when and how much?
Gift tax in Denmark If a parent/grandparent donates an asset (cash, shares etc.) to his/her child/grandchild, the Danish rules on gift tax apply if either the donor or donee has jurisdiction in Denmark at the time of the donation. A person has jurisdiction in Denmark if he/she is a resident in Denmark at the time of the gift being given. Parents/grandparents are entitled to donate tax-free gifts to their children/grandchildren, provided that the total value within any one calendar year does not exceed a basic amount of DKK 69,500 per parent/grandparent (2022). A 15 % gift tax is payable...
How to structure your real estate investments to preserve your assets
Structure your real estate investments to preserve your assets on a tax-effective basis In a variety of real estate investments, you can avoid common pitfalls and take full advantage of opportunities by using appropriate structures to preserve your assets and do so on a tax-effective basis. Investing Through Limited Partnerships I recently advised David, a successful real estate investor and to use a limited partnership (“LP”) for a new project instead of his usual practice- a corporation alongside other corporate investments. I cautioned against using a separate corporation for each...
Which opportunities do social businesses offer for venture philanthropy funds?
The innovative, market-oriented but yet not yield-oriented model of social businesses makes a good match for the distinctive approach of venture philanthropy funds. The term social business was coined by the Nobel Peace Prize laureate Muhammad Yunus. He founded the Grameen Bank, a community development bank in Bangladesh, which awarded microloans for micro-entrepreneurs and enterprises. Today, social businesses like the Grameen Bank represent 10% of all European businesses with over 11 million paid employees, according to the European Commission. It is therefore an important and growing...
Tax residency in Germany – An Unpleasant Surprise!
Tax residency in Germany Germany is an attractive place to live in the center of Europe and the EU. It is safe, relaxed and highly developed. Its political system is stable and reliable, while its powerful economy is the largest in Europe. Known for its long and rich cultural history, Germany offers a very high standard of living. All these reasons make Germany a favorite destination for foreigners from inside and outside of the EU. However, there is no free lunch! Moving to Germany triggers very often some unexpected tax consequences, which everyone should consider carefully before...
