Inheritance tax Germany – Saving taxes by timely advice

The legal regulations on inheritance tax in Germany are complex. Tax exemptions are quickly not fully used, with the result that high inheritance taxes are incurred, which could have been minimized or avoided through early advice. German inheritance tax can be a significant financial burden, so timely advice and planning is recommended to keep the tax burden as low as possible. As German tax advisor and lawyer in Düsseldorf, we advise you comprehensively on tax and legal issues relating to German inheritance tax. We have many years of expertise in the field of inheritance tax and the preparation of inheritance tax returns in Germany.

Already during lifetime, German inheritance tax can be saved by means of the so-called anticipated inheritance (donations during lifetime) or through appropriate testamentary design. Even after the succession of inheritance, there are possibilities for structuring which play an important role from a tax point of view, such as the rejection of the inheritance or the asertion of compulsory portion claims. If several persons have inherited, a so-called heir community first arises by law. Here, there are corresponding peculiarities in the context of the inheritance tax return as well as in the context of any income of the community of heirs to be considered.

Transferring family wealth to the next generation, keeping the tax burden as minimal as possible and achieving this in harmony with all family members is a challenge that we are happy to face with you.