give the property away to the children during their lifetime

When transferring a property from parents to children, the tax and inheritance consequences must be clarified in detail. Otherwise there is a risk of a family dispute.

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Many parents give their children part of their wealth while they are still alive. On the one hand, the transfer of a property offers the opportunity to ensure that the situation is clear at an early stage. On the other hand, there is also all sorts of potential for conflict – especially when many parties with different interests are involved. In any case, such a step should be planned carefully and at an early stage.

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