The long-term protection of family assets, their management and transfer to future generations require not only appropriate legal and tax arrangements, but also a sensitive consideration of specific family relationships, values and long-term objectives.

In the areas of family wealth structuring, succession and inheritance law, we provide comprehensive legal and tax advice to individuals, families, owners of family businesses and other clients who wish to protect, manage and thoughtfully pass on their assets to future generations in the long term.

Our team’s expertise in this area is also confirmed by the international Chambers and Partners ranking in the Private Wealth Law category, in which BADOKH is rated in the highest category

(Band 1).

Our solicitors and tax advisers provide advice, in particular, on:

• setting up family holding structures and holding companies; consolidating shareholdings in family businesses; establishing ownership structures, governance and decision-making rules; and planning the intergenerational transfer of family businesses;
• establishing trusts and structuring their operation, including defining their purpose, rules for the management and distribution of assets, and the status of key individuals;
• establishing and structuring foundations and endowment funds, whether for the purpose of long-term management of family assets or the realisation of philanthropic and charitable objectives;
• the protection and management of family and private assets, including establishing rules for their management, oversight, investment and the disposal of returns, and addressing situations that may threaten the long-term integrity of family or business assets;
• inheritance law, inheritance and succession planning, including the drafting of wills, inheritance agreements and other instruments enabling the transfer of assets and business activities to be arranged in advance, and representation in inheritance disputes;
• the regulation of property relations between spouses, in particular the drafting of prenuptial and marital agreements and the establishment of the joint property regime with a view to protecting family and business assets and the overall succession arrangements;
• philanthropic and charitable projects, including establishing their long-term operation and the management of funds earmarked for charitable purposes;
• changes, revisions and restructuring of existing asset structures, particularly where family, business or asset circumstances change, or where the original arrangements no longer meet the family’s needs.

We tailor each solution individually, respecting the specific dynamics of the family in question and exercising the utmost discretion when dealing with their personal and financial interests. We strive to ensure that the chosen structure is not only legally and fiscally sound and sustainable in the long term, but also comprehensible to individual family members and helps to prevent future family and asset disputes, particularly in the management and intergenerational transfer of assets and family businesses.

We help clients establish not only the ownership structure but also the rules governing its long-term operation – in particular, the method of asset management, decision-making, control and supervision, the status of individual family members, and the rules for future succession and the transfer of family assets or businesses. We also assist clients with their philanthropic and charitable activities, through which they can provide long-term support for the areas and values that are important to them.

Drawing on our experience with complex litigation in the fields of family and corporate law, we also represent clients in family and property disputes arising, amongst other things, in connection with succession, the management of family assets, the operation of family businesses, or existing asset structures. However, we always give priority to assessing whether family disputes can be resolved through a comprehensive agreement.