Will Executor Services
Planning your estate is a significant step in ensuring your loved ones are cared for after your passing. When dealing with assets located in Germany, appointing the right executor can make all the difference. By naming Dominik Lindner from Thai-German Heritage Assistance, as the executor in your will, you are ensuring a seamless, professional, and respectful management of your estate.
How It Works
Nomination in Your Will:
During the drafting of your will, you explicitly name Dominik Lindner as the executor. For example:"I hereby appoint Dominik Lindner, 06.02.1986, Gewürzmühlstr 5, München, as the executor of my estate, granting full authority to manage and distribute my assets located in Germany as per the terms of this will. For his services, Dominik Lindner is entitled to a fee of 7% (excl. VAT) from the gross estate value located in Germany."
The executor's responsibilities include:
Locating the will and ensuring the correct version is used.
Compiling a detailed inventory of all assets located in Germany.
Settling debts and filing tax returns.
Distributing assets to heirs.
Managing legal and administrative obligations with probate courts.
Coordination Within Germany:
Once your will comes into effect, Dominik Lindner works closely with German probate courts to facilitate the legal processes required.
His expertise ensures all steps are completed in compliance with German laws, minimizing delays and ensuring a smooth process.
Efficient Asset Management:
He manages the valuation, distribution, and settlement of your assets located in Germany, including handling real estate, financial accounts, and liabilities.
Clear Communication with Heirs:
Acting as a central point of contact, Dominik Lindner keeps your heirs informed and addresses any concerns throughout the process.
Final Settlement:
After all assets are distributed and obligations are met, he provides a detailed report to your heirs, ensuring full transparency.
Typical Responsibilities of an Executor
An executor’s role is to ensure that the wishes of the deceased are carried out while complying with legal and financial obligations. Typical responsibilities include:
Locating the Will: Ensuring the most recent version of the will is used.
Asset Inventory: Compiling a complete inventory of the deceased’s assets located in Germany, including properties, bank accounts, and other valuables.
Debt and Tax Settlement: Paying off any outstanding debts and filing necessary tax returns in Germany.
Asset Distribution: Distributing the remaining assets located in Germany to the rightful heirs as outlined in the will.
Legal and Administrative Duties: Working with German probate courts and fulfilling all necessary documentation requirements.
Executor Fee
As executor, Dominik Lindner receives 7% (excl. VAT) from the gross estate value located in Germany as a fee for executing the will and managing the estate. This fee is calculated from the gross estate value and covers all administrative and logistical responsibilities, ensuring a comprehensive and professional service. It does not cover fees for tax advisors, lawyers in contentious inheritance cases, or litigation funders.
Why It’s Helpful to Contact Us in Advance
While it is not mandatory to reach out to Dominik Lindner before naming him in your will, doing so can make the process smoother. By discussing your estate and wishes with him ahead of time, you can:
Ensure your instructions are clear and executable within the legal frameworks of Germany.
Receive advice on structuring your will to minimize delays or complications.
Allow him to familiarize himself with your specific situation, so he can act promptly when the time comes.
Why Choose Dominik Lindner?
Specialized Knowledge: With extensive experience in managing estates located in Germany, Dominik Lindner ensures every step is handled with precision.
Trust and Reliability: Families and legal professionals trust him to honor and execute the wishes of the deceased with integrity.
Comprehensive Support: From legal paperwork to asset distribution, he handles every detail with care.
Get Started
If you’re considering your estate planning options, naming Dominik Lindner as executor in your will is a proactive step toward ensuring your legacy is managed with care and respect. Contact him today to learn more about how he can assist you and your family.
