Austria: Private Client Analysis 2015
Debate surrounding inheritance tax reform continues as Austria’s governing coalition partners delivered differing proposals on how to fund tax cuts in late 2014. While the centre-left SPO wants to revive inheritance taxes and impose a special levy on millionaires to help pay for lower income tax rates, the centre-right OVP opposes any new levies; at present no compromise has been found. The 12 private client practitioners listed below are watching closely for any changes and how these might affect their clients.
Two individuals are recommended at Arnold Rechtsanwalts-Partnerschaft. Nikolaus Arnold specialises in tax and trust law and is considered “user-friendly”. He is “always on hand to answer any queries” according to one client. Fellow partner Florian Arnold has a broad practice and is a “consummate professional” according to peers.
Wolf Theiss is also represented by two lawyers. Andreas Theiss is a “legendary figure” in the market providing “clear and concise advice”. Niklas Schmidt heads the tax practice at the firm and frequently advises high-net worth individuals.
Doralt Seist & Csoklich’s Peter Csoklich has experience in tax law and foundations. He is a “talented lawyer” who “puts his clients at ease”.
Hellwig Torggler of Torggler Attorneys At Law advises on private foundations and estate planning and is a “great tactician”.
At Dorda Brugger Jordis, Paul Doralt is a trust and estates “specialist”. His clients value his “solutions-oriented focus” and “tailored advice”.
Founding partner Maximilian Eiselsberg of Eiselsberg Rechtsanwälte has a well-known private client practice advising on foundations, succession planning, family offices, probate and asset management.
Müller Partner Rechtsanwälte’s Katharina Müller is an “active player” in the trust and estates legal marketplace.
Michael Sedlaczek is a partner in Freshfields Bruckhaus Deringer’s Vienna office from where he advises family-owned businesses as well as individuals on structuring their private wealth.
Jakobljevich & Grave Rechtsanwälte’s Christian Grave advises families on their businesses, foundations and estates. He is “technically minded” and a “great asset to his clients”.
Taylor Wessing’s Georg Walderdorff sits on the management boards of several private foundations and is a recognised “authority” in the area of private client law.