Proper asset protection planning is an important consideration for clientswith significant personal assets, they wish to shelter from future legaljudgments. There is potential for anyone with creditors in a commercial […]
Read moreThe Personal Status Law provides in Art. 1(2) the general rule that” the provisions of this law shall apply to non-UAE nationals” and the exception that “unless the foreigner elects to apply his or her personal status law”. The procedure for requesting the application of the home country law is for parties to bring the […]
How proper planning can impact the quality of your final days. Many of my estate-planning clients grasp the importance of wills, living trusts and financial powers of attorney but feel unprepared when the conversation turns to quality-of-life for their final years. In the 1970s and again in the 1990s, the nation became engrossed with end-of-life […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Leslie Giordani of Giordani, Swanger, Ripp & Phillips LLP. Leslie has joined IR as our exclusive Wills & Estates Member in the US – Texas. Leslie C. Giordani is a sought-after expert and singularly accomplished attorney. As a founding partner at Austin, […]
Tax Management Portfolio, Private Placement Life Insurance and Annuities, No. 870, discusses private placement life insurance (PPLI, also known as private placement variable life insurance) and private placement variable annuities (PPVA) and the use of these strategies as investment, income tax, estate planning, asset protection, and philanthropic tools in the high-net-worth marketplace. Avaialble here […]
Shariah lays down the relations that qualify as heirs following the death of an individual. The deceased’s estate can only be transferred to persons who qualify as heirs under Shariah Law principles. Anyone who does not qualify as an heir gets nothing from the estate. The first step followed by court is to determine the […]
In order for a will to be effective, it must be possible to discern a serious intention to draft a will. That was the verdict of the OLG Hamm (Higher Regional Court of Hamm) in its ruling of November 27, 2015 (Az.: 10 W 153/15). GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, […]
Calculating an heir’s compulsory portion is challenging if the testator was merely a co-owner of a property. Last year, the Bundesgerichtshof (BGH) [Federal Court of Justice] had to get to grips with this very issue. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: German […]
Employers ought not to rely on the rules of intestate succession but instead prepare a will. The law firm GRP Rainer has extensive experience in business succession planning. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: In the absence of a will or […]
Anybody who fails to prepare a will ought to be aware that the rules of intestate succession shall apply. These are not necessarily consistent with the testator’s wishes and may entail various other disadvantages. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Anybody who is […]
An estate not only encompasses assets but also any debts of the testator. It is possible for the acceptance of an inheritance to be challenged due to a misapprehension regarding commercially material characteristics. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: According to the rules […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Jeb Burton of The Burton Law Firm.Jeb has joined IR as our exclusive Wills & Estates member in US – California. About The Burton Law Firm: The Burton Law firm provides comprehensive and customized estate, tax and legal services to all clients, […]
