An Austrian Privatstiftung is one option for securing assets and regulating the inheritance of individual assets such as cash, securities, business interests, real estate and works of art.

The Privatstiftung is bound to carry out the wishes of the grantor as framed in the declaration of establishment. Grantors may be one or more natural or legal persons. A Privatstiftung may be testamentary, or set up during the grantor's lifetime. In the declaration of establishment the grantor expresses his intention to dedicate assets for a specific purpose.

The Austrian Privatstiftung makes it possible for you to ensure that your lifetime's work is preserved and continued, and is also an effective instrument for investment activities. The setting up of a Privatstiftung, however, necessitates wide-ranging consideration beforehand. This is where the experts of the Bank Privat Family Office can help with their comprehensive advisory services.

Our publications "The Austrian Privatstiftung" and "Privatstiftungsgesetz"
(available only in German), contain more detailed information about the Austrian Privatstiftung and the legal and tax advantages it offers.