Lobe Law stands out for its in-depth expertise in wealth taxation, offering bespoke support and advice to meet the specific needs of its clients. The firm specialises in several key areas, including business transfers, estate planning, tax deductions for art purchases, taxation of cryptocurrencies, sportsmen's pensions and life insurance transfers.
When it comes to business transfers, Lobe Law works closely with its clients to develop effective tax strategies that allow for a smooth transition while minimising the tax consequences. Its approach considers the specifics of each business and the long-term objectives of its owners.
In the area of estate planning, Lobe Law helps clients develop comprehensive plans for managing and passing on their wealth. The firm considers individual needs, family considerations and tax implications to create tailor-made solutions that ensure the protection and preservation of family wealth.
For those interested in purchasing works of art, Lobe Law offers expert advice on the tax advantages available, including tax deductions for purchases of works of art for investment or philanthropic purposes. Its expertise enables it to help clients navigate the complexities of art taxation while maximizing tax benefits.
The firm also understands the challenges posed by the emergence of cryptocurrencies and offers in-depth expertise in the taxation of cryptocurrency-related transactions. Whether it's the reporting of cryptocurrency gains, commercial transactions involving cryptocurrencies or other related tax issues, Lobe Law is on hand to provide accurate and relevant advice.
In the specific area of sports retirement, Lobe Law offers specialist assistance in navigating the complex tax implications associated with retirement income, investments and other unique financial aspects faced by professional sportspeople as they transition into retirement.
Finally, with respect to the transfer of life insurance, Lobe Law helps clients understand the tax consequences of transferring their life insurance policies and implement strategies to minimize tax liabilities while ensuring the financial protection of their beneficiaries. As a law firm, Lobe Law is committed to providing innovative and effective tax solutions in the complex area of wealth taxation. With its personalised approach and in-depth expertise, the firm is there to support its clients at every stage of their financial journey.
A tax lawyer assesses the composition of the client’s wealth, family circumstances and objectives in order to anticipate the tax consequences of important decisions. The lawyer may assist with investments, gifts, estate planning, business transfers or the reorganisation of assets. This assistance also helps the client review reporting obligations, identify potential tax risks and secure proposed transactions. The resulting strategy can therefore be adapted to the nature of the assets, the client’s plans and the applicable legal framework.
Tax-efficient wealth transfers require an early assessment of the assets, intended beneficiaries and owner’s objectives. Depending on the circumstances, a tax lawyer may consider different solutions, including lifetime gifts, gifts combined with a division of assets between heirs, split ownership arrangements or the gradual transfer of selected assets. Under French law, a donation-partage allows an individual to transfer and distribute all or part of their wealth among their heirs during their lifetime. Each option must be reviewed in light of the available allowances, family relationship and personal circumstances.
Reducing the tax impact of an estate generally requires advance planning. Depending on the circumstances, lifetime gifts, a donation-partage, split ownership arrangements or suitable life insurance planning may be considered. A tax lawyer assesses the potential inheritance tax liability, previous gifts and the tax consequences of each available scenario. The lawyer also ensures that the proposed arrangements comply with the beneficiaries’ legal rights and the conditions imposed by the applicable regulations.
Yes. A tax lawyer can help a business owner prepare the transfer of a company, assess the tax consequences and determine whether the transaction should take the form of a gift, sale or gradual transfer of shares. The lawyer may also review whether the French Dutreil scheme is available. Subject to its conditions being met, this regime may provide a partial exemption from French gift or inheritance tax amounting to 75% of the value of the transferred company or shares. Assistance may also cover holding requirements, governance arrangements and the legal security of the transaction.
Wealth taxation may apply to real estate, company shares, businesses, financial investments, life insurance policies, works of art, collections and digital assets such as cryptocurrencies. Tax implications may arise when these assets are held, sold, gifted or transferred upon death. The applicable rules depend on the nature and value of each asset, the ownership structure and the tax residence of the individuals concerned. A comprehensive assessment helps identify the relevant obligations and the solutions suited to each category of assets.
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