Trust foundation as a solution for medium-sized businesses

Attorney Johannes Fiala and Frank M. Strobelt explain how entrepreneurs can arrange company succession through a charitable foundation. According to calculations by the Institute for Research on Small and Medium-Sized Businesses, more than 300,000 family businesses are facing a change of ownership in the next few years. It is estimated that in about 40 percent […]

Closed-end investments with trustee structures

*by Johannes Fiala, Lawyer (Munich), Mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Lecturer (Univ. of Cooperative Education), Banker (www.fiala.de) “Most transportation taxes, including sales taxes, have no deeper purpose than to bring money to the state.” Federal Fiscal Court (BFH), in: BStBl 1973, p.96 From […]

Trust foundation as a progressive and flexible solution for medium-sized businesses

By Dr. Johannes Fiala and Frank M. Strobelt The medium-sized entrepreneur is currently facing a multitude of problems for which he urgently needs efficient solutions. According to calculations by the Institute for Research on Small and Medium-Sized Businesses, more than 300,000 family businesses are facing a change of ownership in the next few years. It […]

New task for financial service providers: the charitable trust foundation

by Johannes Fiala, Lawyer (Munich), Mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Lecturer (Univ. of Cooperative Education), Banker (www.fiala.de) Effective solutions for medium-sized entrepreneurs – especially in the event of liquidity bottlenecks and in the law of succession Almost completely unnoticed by the entire public, […]

Sales risk: Closed-end investments with trust structures

“Most transportation taxes, including sales taxes, have no deeper purpose than to bring money to the state.” Federal Fiscal Court (BFH), in: BStBl 1973, p.96 From an initiator’s point of view, the involvement of a trustee offers considerable advantages, for example in the case of KG investments. The effort for the “register publicity” of the […]

Distrust your bank

Trust is good, control is better ? this saying should be applied above all when working with banks, says lawyer Johannes Fiala. Because they like to use the customer’s time and interest to their own advantage. tecchannel (from 02.02.2006)

occupational pension schemes: gaps in insurance cover for intermediaries, initiators and trustees

By Ralf W. Barth, Property Damage Liability Broker (www.rwbfinanz. de) and Johannes Fiala, lawyer (www.fiala.de) Practical gaps in the intermediary’s VSH protection: A short story starts with the statement of an insurer that only the advice of the employer in the occupational pension scheme is insured in the scope of coverage ? but not the […]