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Family Business Succession in Austria

Love, Power & Wealth – Family Business Succession in Austria The importance of Family Businesses We all know the topic from numerous books, movies and TV series. Thomas Mann’s “Buddenbrooks”, HBO’s “Succession” or books about real business...

What tax matters are important when emigrating?

When you take up residence in another country, have you obtained advice on tax matters both on departure and on any risks of having continuing connections with your former residence? While it is possible with proper planning to minimize tax on expatriation to another...

How to deal with the family business, finances and disputes?

How to deal with the family business, finances and disputes? 1. Family Business Management 1.1 Sound Management A Family business is the pillar of Family assets. A special attention should be given to it in a Family Charter. Who manages the Family Business? Family...

How is a family Charter drafted?

How is a Family Charter drafted? Drafting a Family Charter The drafting of a Family Charter is not a difficult task, as long as its author is fully aware of what to provide in it. The best Family Charters are those that the largest number possible of Family members...

High net worth family charters, protecting family and wealth

High Net Worth Family Charters. What for? And what are its contents? A Family Charter should not be looked at as a piece of literature to work on, perfect and store in a drawer. It has a specific use and it should address a minimum of critical and important matters of...

Multi-family office diversity

The constantly increasing number of wealthy families has, over the past years, had a strong effect on demand for wealth management services. Ever more wealthy business owners and families that have sold their businesses are considering a family office to support them...