The millions of premature terminations of life insurance contracts generally mean a loss-making business for the investor. This also raises the question of how these can be claimed for tax purposes. Double disadvantage Profits from life insurance policies are regularly subject to tax. However, losses incurred in cases of premature contract termination where the […]
Politically planned redistribution at the expense of the middle class Ten billion of taxpayers’ money for IKB, 18.2 billion for Commerzbank, soon 150 billion for Hypo Real Estate (HRE), etc. Hundreds of billions to pay off betting debts and ongoing bonuses for investment bankers. Whose money is being distributed? That’s right: the citizens’ money. […]
Sureties. Costs incurred due to loss of rent are often significant. Currently, agencies are entering the market with bail bonds. There may be black sheep among them. Bond insurance (see box on page 60) is on everyone’s lips at the moment. “The real kicker here,” says Peter Schramm, an actuarial expert in Diethardt, “is […]
According to a ruling of the Federal Supreme Court, brokers are liable to customers for losses caused by ageing provisions. In case of doubt, the broker must prove that he has really informed the customer comprehensively. The 63-year-old business graduate Werner Zettel (name changed) wanted to know exactly and asked his private health insurer in […]
In times of crisis, the question of the right banking partner immediately comes to the fore. Banks have repeatedly slipped into bankruptcy, with dramatic consequences for customers. It is therefore all the more important to observe a few basic principles ….. Positive bank capital secures loans A good and therefore stable bank has a […]
Ten billion euros of taxpayers’ money for IKB, 18.2 billion for Commerzbank, soon 150 billion for HRE and so on. Hundreds of billions of euros to “pay off betting debts” and ongoing bonuses for investment bankers. “Distributed there is the money of the citizens, which is thrown out the window with both hands – […]
Risks from subordinated loans to banks jeopardise the level of retirement benefits Even if the banks are rescued by the state, the life insurers may have to pay for it with their own insolvency. At the very least, however, there is a threat of a reduction in surpluses and thus a lower pension provision […]
Write off company loans immediately and turn them into cash Partners of a corporation or partnership naturally want their company to do well, after all, their economic existence regularly depends on it. If the company needs fresh money, for example to open up new business areas or to carry out projects, the first port of […]
In view of the financial market crisis, it is an extremely understandable concern that shareholders of a corporation or partnership keep their company liquid. After all, the economic existence also depends on it. The authors explain the special opportunity of a foundation per “sale of receivables of a different kind”. Red. If the company […]
CONTENTS I. Liability in the event of delegation of tasks II. Particular gaps in cover for voluntary guardians III Further questions regarding adequate insurance cover arise for the professional guardian: Consequences of partnership, cooperation and office sharing No pecuniary loss insurance for lawyers and tax advisors in the case of commercial activity as guardian […]
