When providing legal advice in Germany in connection with a company succession or company sale in Germany, 3Q|Law does not only advise regionally in Hamburg and Northern Germany, but nationwide over all Germany. Particularly in the area of company succession, the entrepreneur may be concerned not to seek advice on this extremely confidential and sensitive topic of succession in his own regional environment.
Inheritance law is of considerable importance, particularly for entrepreneurial families, and especially with regard to the implications under company law and tax law in Germany. For example, a German lawyer for corporate law must set the course for testamentary regulations in the articles of association.
As German lawyers, 3Q|Law advises on both the provisions of the German partnership agreement as well as on dispositions upon death that are coordinated with it, whether in the form of wills or in the form of inheritance contracts. Often, a combination of marriage and inheritance contracts is also an option. As a German specialist lawyer for inheritance law, on the other hand, one tends to focus on purely inheritance law advice, so that questions of German corporate law or tax aspects can easily be neglected. Conversely, a German specialist lawyer for corporate law is often not familiar with the specifics of inheritance law.
Due to the special importance of a prenuptial agreement in business succession, 3Q|Law "scrutinizes" the marital property law in its comprehensive legal advice, just as it does in general with every property succession. Often, a client's prenuptial agreement is also flawed because tax peculiarities were not taken into account when it was drawn up. In other cases, there is no German prenuptial agreement at all, which is often not in line with the wishes and ideas of the entrepreneurial family.