1 Legislative framework
1.1 Which legislative provisions govern private client matters
in your jurisdiction?
Private client matters in Germany are governed primarily by the
German Civil Code (Bürgerliches Gesetzbuch,
BGB"), within the BGB the chapters Family Law and
Inheritance Law are relevant.
Inheritance and gift taxation is governed by the Inheritance and
Gift Tax Act (Erbschaftsteuer- und Schenkungsteuergesetz,
ErbStG") together with the Valuation Act
(Bewertungsgesetz, BewG").
For the advice on asset protection also the Civil Code may be
relevant as well as the Insolvency Code (Insolvenzordnung –
InsO) and the Act on the Avoidance of Transactions
(Anfechtungsgesetz).
