The fair tax and white west fairy tale in private banking “My son, be fond of business by day, but do only such business that we may sleep soundly by night.” (Thomas Mann’s, Buddenbrooks) Tax fairness: “Inflation is eating away at assets and my retirement savings!” The “perceived inflation” of real everyday expenses […]
The subscription right regulates who is entitled to the agreed benefit in the event of an insured event. Insured persons can determine their individual subscription rights in order to avoid disputes later on. Why can someone else become a beneficiary in case of doubt despite the subscription right? Can subscription rights be revoked? The […]
From Paraguay to the world: More and more often we hear in the media about digital nomads, people who spend their lives traveling or on the most beautiful beaches in the world. The livelihood is apparently earned on the side on the laptop, always on the go and always sunshine. The digital nomad puts an […]
Asset protection in the Balkans Idyllically, it lies in the sunset, the Danube oh so familiar to us. In the distance a city – Belgrade, metropolis of the Balkans and capital of Serbia. Word has long since spread about the advantages of these widths. From a former insider tip for brave travelers and party tourists, […]
– Why life insurance has outlived its usefulness as a capital accumulation vehicle – Wim Duisenberg, ex-president of the ECB, when asked how he invests his money: “Personally, I’m in the fortunate position of having no reserves.” Statistically, up to more than 80 million German citizens own more than one life insurance policy. […]
– Why the days of effortless money-making via life insurance are long gone – Agents’ commissions fall The Life Insurance Reform Act (LVRG) not only lowers the guaranteed interest rate for life insurance policies from 1.75% to only 1.25% from 2015, but also the permitted inclusion of acquisition costs through zillmerisation from 4% to […]
– Legal management of insolvency risks in occupational and private pension schemes – The private and occupational pensions of the self-employed are particularly at risk in the event of their own insolvency. This is also confirmed by a new ruling of the Federal Court of Justice[1] (BGH) according to which Rürup/basic pensions can be […]
More favourable occupational pensions without the Occupational Pensions Act (BetrAVG) -How employers can free themselves from the constraining corset of the BetrAVG Employers who want to set up company pensions look at the Company Pensions Act (Betriebsrentengesetz), or more precisely the Occupational Pensions Act (Betriebliches Altersversorgungsgesetz – BetrAVG). However, structuring a company pension in […]
Publications – Technical papers Fiala/Schramm, Insolvency risk of British life insurers when relocating to Ireland, ExpertenReport, issue 7/2019, pages 60-62 Fiala/Schramm, When are insurers no longer obliged to pay benefits or can reduce benefits?Expert Report, issue 3/2019, pages 56-58 Fiala/Schramm, No insurance coverage in case of refusal to pay protection money, ExpertenReport, issue 11/2018. Pages […]
Your lawyer for tax law: How we support our clients in the tax jungle German tax law is one of the most complex tax systems in the world, even if the often quoted story of the most comprehensive tax literature in the world is probably a bourgeois Moravia. As Attorney for tax law we offer […]
