On September 30, 2019, Dr. iur. Anette Schlenker, German tax-lawyer and Managing Partner of RTS Steuerberatungsgesellschaft and Serge Hediger, Managing Partner of 1291 Group, have informed about new structuring opportunities to manage gift and inheritance taxes in Germany.
After the same topic had been presented to 55 high profile advisors in Zurich in June 2019 and in order to accommodate the strong interest of leading banks, lawyers, wealth planners and independent asset managers in Liechtenstein, it has been decided to organize an event in Triesenberg / FL. Around 40 business partners participated in the seminar and received an update on tax compliant PPLI structures for German tax-payers and the current German inheritance and gift tax rules. If structured correctly, a PPLI in combination with a German company can reduce gift and inheritance taxes significantly. 1291 Group advises clients to seek legal and tax advice from top tier law firms in Germany, in order to safeguard the benefits offered by the German tax law.