Private client in Austria
CMS acts for company owners, senior management, high-net-worth individuals, family companies and private foundations. Known for its wide-ranging services in the private client field, the firm advises on corporate and tax, property, family, and succession law issues. Team head Johannes Reich-Rohrwig assists clients with the establishment as well as the revision of private foundations and sits on the board of a several private foundations.
Acting for domestic and international high-net-worth individuals and their families, Wolf Theiss Rechtsanwalte GmbH & CoKG's private client team covers a wide array of estate planning, investments, tax and relocation matters, including dispute resolution. Moreover, the firm assists with the establishment and maintenance of private foundations, representing founders. Niklas Schmidt and Karl Binder jointly head the department.
ARNOLD Rechtsanwaelte GmbH
ARNOLD Rechtsanwaelte GmbH is best known for its expertise in the field of private foundation law and succession planning, advising Austrian high-net-worth individuals and family-owned businesses alike. Clients benefit from the firm’s integrated tax practice, especially when it comes to the creation of novel corporate structures. Nikolaus Arnold and Florian Arnold are the key partners.
Binder Grösswang’s ‘exceptionally professional’, ‘determined’ and ‘very flexible and co-operative’ private client team provides ‘comprehensive expertise’ on matters relating to succession planning and foundations, including their establishment, structuring and dissolution, investments, real estate and change of residence. Recognised for ‘his exceptional skill’, the ‘very calm and collected’ Andreas Hable jointly heads the team with Bernd Schneiderbauer, who is ‘able to think beyond borders and to take a holistic view of the entire case.’ Hable and Schneiderbauer have recently been advising a well-known Polish entrepreneurial family on the establishment of an Austrian private foundation with respect to international succession and wealth planning.
Acting for high-net-worth clients at the interface of wealth management and restructuring, Graf & Pitkowitz’s ‘well-functioning’ and ‘extremely competent’ team provides comprehensive contentious as well as non-contentious advice in relation to trusts and private foundations, succession and inheritance law, as well as real estate and tax law, in Austrian and cross-border matters. In addition to heading the team with a ‘very high degree of professionality’ and an ‘outstanding personality’, Armenak Utudjian is a ‘renowned and respected authority’ when it comes to questions of Austrian private foundation law.
Müller Partner Rechtsanwälte
The ‘highly experienced’ private client team at Müller Partner Rechtsanwälte advises high-net-worth individuals in matters relating to the establishment and adaption of private foundations, including the restructuring and formation of sub-foundations, as well as succession planning and inheritance law. The team acts for both founders and beneficiaries, as well as board members. One of the practice’s specialist areas concerns the provision of advice in relation to establishment of charitable organisations. In addition, the team can draw on the firm’s corporate and real estate departments for support. Katharina Müller and Martin Melzer, who are considered ‘leading experts in the field of estate planning, foundation and succession law', co-head the private client team.
Siemer-Siegl-Füreder & Partner, Rechtsanwälte
Siemer-Siegl-Füreder & Partner, Rechtsanwälte advise clients in relation to wealth and general property management matters where there is a generation change, with an emphasis on corporate structuring of private wealth management. Hannes Füreder heads the team and represents family owners of private foundations and wealthy individuals, among other clients; for example, he acted for a former high-profile CEO with respect to the reinvestment of his proceedings by advising on the formation of a customised private trust. Füreder also serves as an executive board member of several private trusts and as chairman of another trust.
bpv Hügel’s private client practice group focuses on advising high-net-worth individuals on tax matters and corporate succession in the context of private foundations and trusts. Another area of expertise is inheritance law, including the drawing up of wills. Florian Plattner is the main point of contact.
Cerha Hempel’s activities in the private client field include wealth management, especially asset structuring in relation to succession planning, as well as corporate law. The firm also assists family-owned businesses, trusts and private foundations, for example as board members, with disputes and restructuring issues. Name partner Benedikt Spiegelfeld, Albert Birkner, Johannes Aehrenthal and Benjamin Twardosz manage the team together. The team is advising long-standing client Franz Pichler Privatstiftung and the family on corporate and investment matters.
Concentrating on succession planning for future generations, in particular asset protection and structuring, DLA Piper Weiss-Tessbach’s private client team assists domestic and international entrepreneurial families and high-net-worth individuals. Key areas of expertise are corporate, tax, family, inheritance and private foundation law. Christoph Mager heads the department and regularly acts as executor of wills, in addition to being a board member of various private foundations and representing these clients in court proceedings.
Dorda Rechtsanwalte GmbH’s private client team’s particular focus lies on corporate succession, securing personal assets and providing for future generations; it regularly advises on the setting up of Austrian trusts and foundations involving tax and estate structuring issues. Paul Doralt, who is able ‘to come up with great solutions’, is advising a Middle Eastern investor in relation to a large-scale real estate matter in Austria. He also jointly leads the department with Elmar Drabek.
DSC Doralt Seist Csoklich Rechtsanwälte GmbH’s focus is on dispute resolution, especially in disputes between foundations, founders and beneficiaries, as well as divorce cases. In addition, the team drafts statutes for foundations. Peter Csoklich heads the private client team, and is a board member of several foundations.
Freshfields Bruckhaus Deringer
While Freshfields Bruckhaus Deringer’s private client practice continues to be active for family shareholders and family offices with respect to legal and tax matters, advising on holding structures and succession planning, work in the transactional sphere, including direct investments, co-investments and buy-outs, is on the rise. Konrad Gröller advised the shareholders of the Porsche family on the sale of Ferdinand Piëch’s €1.2bn shares in Porsche Automobil Holding. Michael Sedlaczek is also a key contact for this practice area. Günther Horvath is no longer with the firm, as he joined the supervisory board of Porsche SE as member.
Jakobljevich & Grave
PwC Legal Austria-oehner & partner has succession planning, particularly devising transition strategies for future generations in family businesses, asset protection and corporate structuring at its core, and assists clients with tax, succession and corporate law matters. The practice also advises clients on investments, and one of its strengths is that it can draw on the support of the tax team. Daniela Steiner heads the private client practice group as part of the M&A department, which is led by Christian Öhner.
Saxinger, Chalupsky & Partners Rechtsanwälte GmbH (SCWP Schindhelm)
Based in Upper Austria, the private client team at Saxinger, Chalupsky & Partners Rechtsanwälte GmbH (SCWP Schindhelm) is noted for its ‘exceptional know-how’, ‘transparency’ and ‘reliability’. It advises family-owned companies, private foundations and renowned high-net-worth individuals on succession, inheritance and corporate structuring matters, both Austrian and cross-border. In addition, the firm regularly acts on the private client aspects of substantial transactions. Gerald Schmidsberger has ‘exceptional industry knowledge'. Also recommended are Franz Mittendorfer and Birgit Leb.
Serving individuals, families, family-owned businesses and private foundations located in Austria as well as abroad, Schindler Attorneys’ private client team’s principal focus lies on family and private foundation law and succession planning, with a particular focus on the interplay between inheritance and corporate law. In addition, the team can rely on the expertise of other departments in the firm, such as corporate, employment, finance and real estate, including the integrated tax practice. Clemens Schindler leads the team and is the main contact. Martin Picherer and Philipp Hoyos are the other key partners.
Torggler Rechtsanwälte GmbH
Torggler Rechtsanwälte GmbH assists clients with the establishment and management of private foundations, including non-profit foundations, for scientific, cultural and charitable purposes. In addition, the team provides advice on inheritance and estate planning matters. Hellwig Torggler and Reinhard Kautz are the key partners.