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Hanover, Germany Attorneys in related practice areas.
Private Client law in Hanover, Germany encompasses a range of legal services tailored to individuals and families. It primarily deals with managing personal assets, estate planning, inheritance, tax optimization, succession, wealth preservation, family law, foundations, and trusts. These legal matters are often complex, especially in the context of German federal and Lower Saxony state laws. Not only does Private Client law safeguard assets, it also ensures that personal affairs are managed according to your wishes during your lifetime and after.
Private Client services cover sensitive and high-stakes areas of life, such as inheritance, property, family disputes, and asset management. Here are some common situations in Hanover where professional legal guidance is invaluable:
Given the detailed legal requirements in Germany, seeking advice from an experienced Private Client lawyer helps ensure your personal and financial interests are well protected.
Hanover is subject to both German federal law and the regulations of the state of Lower Saxony. Here are key aspects of Private Client law relevant to residents in Hanover:
Local procedural rules in Hanover’s courts and authorities can also impact how Private Client matters are handled.
The statutory share guarantees certain close relatives (such as children, spouses, and sometimes parents) a percentage of the estate, even if they are omitted from the will. This portion cannot be entirely disinherited except in rare circumstances.
Yes, inheritances above specific thresholds are subject to inheritance tax. The rates and exemptions depend on the heir’s relationship to the deceased and the value of the estate.
You can handwrite your own will, which is legally valid in Germany if it meets formal requirements. However, for more complex arrangements or larger estates, using a notary is recommended to avoid errors or challenges.
If there is no will, German intestacy law determines who inherits, using a fixed order of succession among relatives. The surviving spouse, children, and sometimes parents are typically prioritized.
Consult a lawyer familiar with cross-border succession. Different jurisdictions may have their own rules, and EU regulations can affect which country’s law applies.
Legal guardianships, living wills, and powers of attorney can be established to protect minors or adults who are unable to manage their own affairs due to incapacity or disability.
Setting up a foundation involves creating a charter and registering with German authorities. The process requires legal expertise to ensure compliance with both tax and civil law provisions.
Business succession planning involves legal, tax, and sometimes emotional factors. Key issues include transferring ownership, tax implications, potential inheritance disputes, and continuation of the business’s operations.
Matters like notarizing wills, inheritance contracts, property transfers, and the establishment of foundations typically require involvement of a notary. A lawyer can advise you when this is necessary.
Yes. Since the legal recognition of same-sex marriage in Germany, same-sex spouses have equal rights in inheritance, tax, and succession matters as opposite-sex couples.
Several organizations and public offices in Hanover and Germany provide support and information for Private Client matters. Helpful resources include:
If you believe you require legal advice or representation in a Private Client matter in Hanover, it is important to:
Taking early and informed action with professional guidance can help you achieve the best outcomes for your personal and family affairs in accordance with local and national law.
