With a gift, the donor wants to give the recipient a right or thing free of charge. A distinction is made between lifetime donations and donations upon death.
Civil law requires the donation to be notarized. However, a formal deficiency will be remedied by completing the donation.
A gift is generally subject to gift tax. Advice from a tax advisor/lawyer is therefore recommended in order to make the process legally compliant and tax-efficient.
2023-09-09 21:10:07
#Tax #consultant #Cologne #Bonn #ARNDT
