Asset protection through real estate transfer to a foundation – Transferring real estate to a foundation also provides an effective asset protection mechanism. By transferring your real estate to a trust, it is legally separated from your personal assets. This protects them from potential creditors or other financial risks. A family trust can thus be […]
Option contract – Tenant and landlord can contractually agree that after the expiration of the lease, there is the possibility to extend the agreed rental period for a certain time. Thus, it is sufficient if the landlord declares that he wants to continue the tenancy. If several tenants have signed the contract, the option is […]
When building a house, it’s about six- to seven-figure sums — and about risks that many homeowners completely underestimate. Delays, fire at the raw construction site, a child getting hurt on an unsecured construction site, or a construction helper falling from a ladder: Even a single uninsured damage can derail the entire financing. Anyone building […]