[HIGHLIGHTS] Tax disadvantages with a Berlin will: Court ruling raises questions

Tax disadvantages with a Berlin will: Court ruling raises questions. As of: February 28, 2024, 5:59 p.m By: Bona Hyun CommentsPressSplit The Berlin Will appears to be an attractive option for estate planning.

But a ruling by the Federal Finance Court shows tax disadvantages. The Berlin will stipulates that spouses designate themselves as sole heirs. The children only inherit after the death of the second parent. In addition, the child loses a personal tax allowance of 400,000 euros because the parent who lives longer inherits everything.