Publication details

Austria: Private foundations in Austria-between consolidation and reform

Authors

SCHAUER Martin NUEBER Michael

Year of publication 2024
Type Article in Periodical
Magazine / Source Trusts & Trustees
MU Faculty or unit

Faculty of Law

Citation
web Repozitář MU
Doi https://doi.org/10.1093/tandt/ttae036
Keywords foundation law; Austrian private foundation; Private foundations
Attached files
Description Austrian private foundation law, which was 30?years old in 2023, is currently going through a phase of consolidation. Private foundations are also a constant concern for the Austrian courts in conflict situations. In this article the authors take a closer look at the Austrian private foundation as an instrument of asset protection in case of divorce, the interpretation of foundation documents, and the composition of a possible council. They also make an assessment of the way ahead.

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