Dr. Bács Miklós Rules on the activities of trustees – the trust legislation of Hungary Fiduciary trusts as a legal institution are one of the latest steps in the development of Hungarian civil law. Since their introduction in 2014, they have become more widely used and more widely known... Wealth & trusts Útmutató Dec 11, 2023
Dr Hancz Patrik Summary of the main tax and legal changes affecting fiduciary asset management Personal Income Tax From 12 September 2023, the Hungarian Personal Income Tax Act will consider the transfer of assets as a sale. This means that the settlor will have to pay tax on the difference bet... Jogszabályváltozás Wealth & trusts Aug 15, 2023
Danku Tamás, TEP How to Keep the Shares of a Family and its Business Together Internal feuding can make the operation of a family business impossible. If the owners and managers of the company cannot work together, the firm will soon suffer. Problems between the stakeholders of... Wealth & trusts Útmutató Mar 7, 2023
Dr Hancz Patrik Wealth planning quick course: the trust, Part 4 In the next four posts, we will discuss the foundation, the private foundation, the trust, and the trust foundation in a few thoughts, summarising the most important facts. We will look at all four in... Wealth & trusts Útmutató Feb 20, 2023
Dr Hancz Patrik Wealth planning quick course: the private foundation, Part 3 In the next four posts, we will discuss the foundation, the private foundation, the trust, and the trust foundation in a few thoughts, summarising the most important facts. We will look at all four in... Wealth & trusts Útmutató Feb 15, 2023
Dr Hancz Patrik Wealth planning quick course: the trust foundation, Part 2 In the next four posts, we will discuss the foundation, the private foundation, the trust, and the trust foundation in a few thoughts, summarising the most important facts. We will look at all four in... Wealth & trusts Útmutató Feb 15, 2023
Dr Hancz Patrik Wealth planning quick course: the foundation, Part 1 In the next four posts, we will discuss the foundation, the private foundation, the trust, and the trust foundation in a few thoughts, summarising the most important facts. We will look at all four in... Wealth & trusts Útmutató Feb 7, 2023
Danku Tamás, TEP Hungarian Trust as an alternative of holding company The holding companies are widely used for a lot of different business purpose such as asset protection for families or direct investments of private equity funds, etc. Since the Hungarian Trust is sub... Wealth & trusts Útmutató Dec 2, 2022
Danku Tamás, TEP Family office solutions in Hungary Hungary is currently not on the shortlist of wealthy families and private clients when they choose the best location for their family office/private office structure. The reason is that the flexible a... Wealth & trusts Útmutató Jul 25, 2022
Danku Tamás, TEP Effective structures for real estate investments in Hungary Eventhough the increasing Hungarian property prices more and more private foreign investor buy luxury and commericial real estates in Hungary. Becuase of the relatively good ROI and devaluated Hungari... Wealth & trusts Útmutató Jul 21, 2022
Danku Tamás, TEP Real estate investments of UK Trust in Hungary after Brexit Legal aspects of the transfer of managed assets between the UK and Hungary : is the acquisition of real estate in Hungary by any UK resident (legal or natural) subject to authorisation? Own the proper... Wealth & trusts Útmutató Jul 18, 2022
Dr Hancz Patrik Trust Structuring The new Civil Code 2013 introduced the concept of the trust as fiduciary asset management contract (FAMC or trust) in y2014. The concept of this new type of contract was drawn up on the basis of the m... Wealth & trusts Útmutató Jun 28, 2022