Consider us in your will or legacy. The inherited assets are exempt from inheritance tax and will therefore benefit the statutory purposes of the foundation without deductions. In this case, neither you nor your (other) heirs can take advantage of the donation deduction. However, the inherited assets are exempt from inheritance tax and will therefore benefit the statutory purposes of the foundation without deductions.
TAX ADVANTAGES
Inheritance and gift tax
In terms of inheritance and gift tax, there is another very interesting possibility: If you have inherited or received assets as a gift, inheritance or gift tax was incurred for this and you transfer these assets to a charitable and/or charitable foundation within 24 months of the inheritance or gift, the inheritance tax will be retroactively eliminated according to the detailed provisions of § 29 paragraph 1 No. 4 ErbStG.
The possibilities of support mentioned above naturally only provide a rough overview and do not replace the careful examination of your legal and tax circumstances in the specific case. We are happy to arrange experts here when it comes to specific legal and tax law questions or also the conclusion of a will.
Would you like to support the casayohana Germany Foundation? Send us your contact details, we will get in touch with you and provide you with further information.
