#briest law firm

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Things to Know Before Hiring the Best German Lawyer for Asset Protection

Businesses and individuals work extensively and acquire assets in their lifetime. However, losses in financial sectors are also true and can occur at any time. Rising inflation rates especially influence asset maintenance and present the risk of considerable financial loss. Therefore, it is important to take preventative measures and hire the best lawyer for asset protection – who can carefully organise the client’s possession within the legal and tax framework and help them protect their assets. 

Knowing asset protection in detail

According to the most recommended law firm Berlin, asset protection entails the action of saving your possessions or acquiring advice on the different preventive measures to save them from third-party access. Incidentally, persons with rights can access these properties – for example, a creditor or an individual authorised to a compulsory portion. However, you cannot transfer assets as you wish to protect them – asset protection in Germany has legal limits. Transferring assets to evade creditors and avoid legal obligations can have non-optimal consequences. So, it’s best to go for a law firm with a commercial focus – that works in a preventative measure and acts even before the liability event happens.  

Concerns about different legal areas

Asset protection has links with various legal fields and specific regulatory areas, so it’s better to let the best lawyer for asset protection handle these cases. Usually, you will need in-depth knowledge of tax aspects, inheritance and family law, company authority, and corporate law. So, it would be best if you went for a law firm with a commercial focus, like Briest Law Firm, which will expertly navigate the interplaying legal fields and offer an informed multidisciplinary focus. They provide their services to individuals and commercial entities on a global scale. 

The law firm provides wide-ranging suggestions for overlapping legal areas from a single targeted source. They protect and enforce the client’s interests and rights through the skill and experience of their highly specialised practice groups – who cover a wide range of legal areas and work hand-in-hand on interdisciplinary cases. They will assuredly offer you the best method to protect your assets (particularly for you) and, if needed, advice on other linked legal matters. 

The best law firm Berlin will offer advice to optimise the guidelines in German family law to manage and protect assets. Divorces are one of the important reasons for property issues, but the lawyers can minimise it by making early arrangements in the prenuptial agreement. The most experienced lawyer for an asset protection agency can take measures before a divorce that will give favourable outcomes regarding your assets, even if a lawfully binding marriage contract is in force. 

Final words

The most recommended law firm with a commercial focus advises passing on possessions as a gift before a financial liability occurs. Spouses can shift between the separation of properties and a community of accumulated achievements. It will help effectively defend the properties when a claim against one of the spouses arises and utilise the gift allowances optimally. They will also help you create and implement family offices, along with the drafting of contracts, prenuptial agreements, and tax law documents. 

Source URL: https://aphelonline.com/things-to-know-before-hiring-the-best-german-lawyer-for-asset-protection/