Staying true to its exceptional market reputation, bpv Hügel‘s private client and wealth management practice integrates a full-service tax advice component in assisting HNWIs, family-owned enterprises, and foundations with matters of succession planning, asset structuring and estate planning, reorganisations, and the drafting of wills and marital agreements. Practice head Florian Plattner’s focus on private foundations goes hand-in-hand with his experience in business succession, and private and art investments. Gerald Schachner leads the firm’s tax team and is instrumental in advising HNWIs and foundations on all elements of corporate tax law, including tax restructuring and tax controversy.
Testimonials
Collated independently by Legal 500 research team.
‘bpv Hügel has a well-known HNWI practice.’
‘Gerald Schachner is an important part of the team. He has a lot of experience with family businesses. It's not always just professional skills that are needed, but also social competence.’
‘The team is rather small, but very selected. Short paths lead to great experience and expertise. The advice is goal-oriented and pragmatic. The consultants are very friendly and straightforward.’
‘The figurehead is Gerald Schachner. He has extensive experience with HNWI and is very good with clients.’
‘What makes Gerald Schachner unique is the combination of (domestic and international) expertise in tax, corporate and HNWI and 23 years of experience, with his personality, which focuses on understanding the clients’ needs and providing practical solutions. This is of utmost importance when it comes to HNWI and family businesses.’
‘bpv Hügel is well known in Austria for its private client practice.’
‘Gerald Schachner stands out from the team. Of course he has great technical skills and experience. His greatest strength is that he is particularly good with people. He is empathetic and can lead teams as well as clients in an outstanding way. This leads to a very high level of satisfaction among clients.’
‘The ability to understand or find out what clients really want is, in my opinion, the most important skill for a HNWI lawyer. Gerald Schachner can't be beaten at that.’
Work highlights
- Advised a family office on the establishment of Austria’s first multi-family office structures in the form of an Austrian umbrella fund for investments to private equity funds and structures for making and holding venture capital investments.
- Advised an Austrian individual on the set of an Austrian private foundation for the purposes of transferring its shareholding in an Austrian company to the newly established foundation, which in turn will sell a substantial share in the Austrian company valued at €200m.
- Advised the shareholders of a multinational enterprise in the healthcare sector on the tax structuring and reorganisation of the entire group involving the transfer of several shares directly and indirectly cross-border to a new Austrian holding company.
Practice head
The lawyer(s) leading their teams.
Florian Plattner