Estate Planning / Trust & Estates

Asset and succession planning are a great challenge for many wealthy private individuals and entrepreneurs. Multiple (sometimes diametrically opposed) goals and interests in the private and corporate spheres must be taken into account. The preservation of companies and assets in the next generation is usually the primary goal, but requires optimal legal and tax structuring.

Austrian private foundations are often an important component of succession planning for domestic and foreign companies as well as for private individuals. This raises complex interdisciplinary real estate, inheritance and tax law issues under both Austrian and foreign law. Armenak Utudjian and his team specialise in advising private individuals and entrepreneurs on the basis of their many years of expertise in this complex issue.

The particular focus of this area of advice is on the design and optimisation of corporate governance not only in the foundation itself but also in the associated groups of companies. Another focus is on the transfer of assets held outside the foundation, especially real estate. These challenges call for future-oriented but flexible designs based on the principles laid down by the founder. Individual, confidential and sustainable advice is our special credo.

News

The Legal 500 – Top rankings

Graf Isola (f.k.a. Graf & Pitkowitz) once again receives excellent ratings in the current edition of “The Legal 500 Europe, Middle East and Africa 2020“. The Insolvency & corporate recovery group under partner Alexander Isola and Stefan Weileder maintains the top position in the first category.

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The Legal 500 (2020) – Top rankings for Graf Isola

Graf Isola (f.k.a. Graf & Pitkowitz) once again receives excellent ratings in the current edition of “The Legal 500 Europe, Middle East and Africa 2020”. The Insolvency & Corporate recovery group under partner Alexander Isola and Stefan Weileder maintains the top position in the first category.

Read more »

Publications

Contact

Armenak Utudjian
M.B.L.-HSG | Dr.iur. (University of Vienna) | Partner
T+43 1 401 17 - 0
image expand Areas of expertise
  • Drafting and modifying of foundation deeds and supplements (Stiftungsurkunden und –zusatzurkunden), in particular the establishment of supervisory and advisory boards (for the continuous adjustments to new foundation, inheritance, and tax law requirements);
  • Drafting of wills, donation contracts (also in the event of death), agreements on inheritance, and statutory shares;
  • Execution of wills;
  • Enforcement of, and defense against, inheritance claims;
  • Structuring and administration of family and trust assets (also as members of the trust management board and executive bodies);
  • Advising the foundation board (in particular liability prevention) and family offices;
  • Designing of holding and company structures that correspond to the individual situation, in particular by means of syndicate agreements;
  • Drafting and implementation of real estate contracts of all kinds