“Significantly increase tax allowances for inheritances and gifts”

In an interview with the Frankfurter Allgemeine Zeitung, succession and wealth expert Dr. Katharina Hemmen talks about the challenges and need for reform in German inheritance and gift tax law. She explains why she believes higher allowances for inheritances and gifts make sense, discusses the pitfalls of setting up foundations, and talks about the importance of good succession planning and the role of entrepreneurial families in Germany. Readers can expect exciting insights into the practice of asset succession, the social debate on tax fairness, and concrete reform proposals from a first-hand source.