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Private Clients Law Firm & Legal Services in Austria

We offer comprehensive advisory services in this field to company owners, senior management, wealthy individuals and their families, banks, asset managers and family companies. Our services cover the full legal spectrum, from corporate law and tax law, to family, property and succession law. We can also include private foundations and trusts in the scope of our proposed solutions. The CMS Private Client Group operates on a pan-European level and is set up to advise clients who operate globally and are looking for cross-border succession planning solutions.

We possess the relevant soft skills and specialist expertise required to produce a satisfactory solution for sensitive issues regarding the structuring of family assets, company succession or estate settlement.

CMS provides a range of services for the following areas: Legal and tax aspects of asset planning, contingency planning for your family, asset transfers to the coming generation, company restructuring to avoid succession problems, domestic or international foundation solutions, or M&A structures where there are no successors in the family, advice to heirs and persons receiving a compulsory inheritance share, dispute settlement or representation in litigation regarding inheritances or compulsory inheritance shares or disputes regarding corporate law matters.


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Contingency planning with proxies in Austria
1. Are proxies used in contingency planning? Austrian civil law provides for the instrument of a precautionary proxy (Vor­sorge­voll­macht) as well as provisions on (standard) proxies. It is noteworthy...
Coronavirus: Farewell to general meetings of shareholders?
1.    Does Covid-19 force companies to cancel general meetings of shareholders? According to the homepage of the Federal Ministry of Social Affairs, Health, Care and Consumer Protection (www. sozi­almin­is­teri­um...
Can you disinherit your children?
The rule accorded to which one cannot disinherit one’s children must be now adjusted in an international context.. The Court of Cassation handed down two rulings on 27 September 2017 stating that "a...
Inheritance law: many questions remain unanswered.
Private foundations. The reform of the inheritance law brings changes to the law on compulsory portions. Close relatives who benefit from the testator’s private foundation are particularly affected