Estate Planning / Trust & Estates

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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.

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

News

Awards: The Best Lawyers

The recently published Best Lawyers Ranking of the German Handelsblatt in cooperation with the US specialist publisher Best Lawyers has chosen the best lawyers in Austria, Germany and Switzerland (peer-to-peer

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trend-lawyer ranking 2023

This year again GRAF ISOLA is represented in the trend-lawyer rankings. We warmly congratulate our experts Armenak Utudjian for being ranked in the category “Private Clients and Foundations” and Alexander

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The Legal 500 EMEA Ranking 2023

GRAF ISOLA has again received excellent ratings in the EMEA ranking of The Legal 500 and has been ranked in 8 practice areas: Insolvency and Corporate Recovery; Banking and Finance;

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Awards: Best Lawyers

Five Lawyers of GRAF ISOLA have recently been recognized in the 13th edition of the ranking „The Best Lawyers in Austria“ of Best Lawyers. We express our sincere congratulations: Alexander

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Passed LL.M. degree

We congratulate our colleague Peter Moser on the successful graduation with honors of the postgraduate LLM-course Family Business and Wealth Planning at the University of Vienna. Keep going!

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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