Lawyer Monthly - June 2024

16 LAWYER MONTHLY JUNE 2024 has pronounced the divorce decree, i.e. immediately. Thus, the marriage is finally dissolved on the same day. How is an estate dealt with if there are assets inside and outside of Germany? In the case of an estate with assets in Germany and abroad, both national and international regulations must be observed. This may require cooperation with foreign authorities and lawyers. It is important to consider all relevant inheritance and tax regulations in order to ensure a settlement that is both lawful and efficient. Probate matters can be emotionally charged and challenging to resolve. What are the main issues clients face and how are these resolved? The main problems are often family conflicts that may also arise from patchwork families, especially if there are several ex-wives, uncertainties about the legal situation, and tax issues. These problems can be solved through clear communication, timely arrangements, i.e. arrangements made during the lifetime of the respective person, comprehensive legal advice, and mediation. In the case of divorced entrepreneurs with underage children, it is advisable to have a divorce will. Sometimes, overcoming the obstacle of entering a mediation process is a greater hurdle than actually reaching an agreement. What are the challenges and issues regarding German property disputes on the breakdown of a marriage or relationship, and how are these resolved? Challenges can include valuations of complex business structures in the It is advisable to regularly review and adapt marriage contracts, as marital life can change over time.

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