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FAMILY FOUNDATION – A NEW INSTITUTION OF INTERGENERATIONAL SUCCESSION PLANNING IN POLISH LAW?

A draft law on family foundations is undergoing proceedings at the Government Legislation Centre. The project was submitted by the Minister of Economic Development, Labour and Technology in March 2021. After taking into account the postulates raised during the public consultation, a new draft law was presented in October 2021. It is currently at the […]

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FAMILY FOUNDATION – A NEW INSTITUTION OF INTERGENERATIONAL SUCCESSION PLANNING IN POLISH LAW?
FAMILY FOUNDATIONS IN POLAND. CONCEPT VERSUS ENTREPRENEURS’ EXPECTATIONS

Foundations have existed in Polish law for quite a long time, but they have been of limited use – for public interests. It is not currently possible to set up a foundation for private interests. The Polish legal system does not have any effective tools allowing to plan the multigenerational succession of a family business. […]

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FAMILY FOUNDATIONS IN POLAND. CONCEPT VERSUS ENTREPRENEURS’ EXPECTATIONS_Panasiuk&Partners
DIVERSIFICATION VS SAFETY OF FAMILY ASSETS OR IT’S EASIER TO FLOG A KOSSAK THAN WIRE MONEY FROM SWITZERLAND

The first generation which had the chance to build fortunes after the IIWW has passed away. Today we have the opportunity to see how well they did in ensuring safety of their property and financial stability of their relatives.  While the current availability of multiple financial markets allows for diversification, the approach to investing capital […]

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