Current situation Inheritance
The emergence of Industry 4.0 means companies are having to fundamentally adapt their entire processes. When coupled with the age-old challenge of transitioning businesses between generations, this creates unique challenges in inheritance law.
As a result there are a lot of inheritance law related hurdles to overcome to ensure the company remains competitive.
In the next 15-25 years in Germany, €220 billion will be inherited. Therefore a consistent legal framework producing predictable results for both individuals and companies is essential.
Care is required to implement often complex strategies within the legal inheritance framework, in order to ensure that the company structure is sustainable. In this way, the employee expertise and skill set built up over years in German Mittelstand (SME) businesses will be preserved.
Also international last wills and consultation of international inheritance are part oft he service portfolio.