{"id":333773,"date":"2024-03-15T12:25:34","date_gmt":"2024-03-15T11:25:34","guid":{"rendered":"https:\/\/erbfinanz.de\/?p=333773"},"modified":"2026-09-18T14:05:34","modified_gmt":"2026-09-18T12:05:34","slug":"familienstiftung-gruenden-vorteile-kosten-und-grenzen-im-ueberblick","status":"publish","type":"post","link":"https:\/\/erbfinanz.de\/en\/ratgeber\/familienstiftung-gruenden-vorteile-kosten-und-grenzen-im-ueberblick\/","title":{"rendered":"Setting up a family trust: an overview of the benefits, costs and limitations"},"content":{"rendered":"

A will takes effect just once, at the moment of death. After that, it is up to the heirs to decide whether the business is sold, whether the property remains in the family, and who ends up in dispute with whom. Whatever a child inherits may be lost again in the event of their divorce or bankruptcy.<\/p><\/div>\n\n\n\n

Anyone wishing to keep their assets intact beyond that point will eventually turn to a family trust. The principle behind it is unusual. It removes the assets from the scope of inheritance law. Once assets are held by the trust, they no longer belong to any individual and can therefore neither be inherited, divided nor seized. Instead, the family is provided for from the income generated by the assets, in accordance with rules laid down by the founder themselves.<\/p><\/div>\n\n\n\n

In return, he relinquishes control of his estate for good, and the rules he sets out may still apply even when no one who knew him is left alive. Whether this trade-off is worthwhile depends on what the estate consists of and the family\u2019s circumstances.<\/p><\/div>\n\n\n\n