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When someone dies, it’s not always immediately clear who inherits and how the estate will be managed. Two legal instruments play a central role: estate administration and estate trusteeship. But how do they differ? And what do they mean for heirs, creditors, and other stakeholders? Lawyer István Cocron sums it up: “Estate guardianship serves to…

Unregulated cryptocurrency exchanges repeatedly cause problems for investors. In a recent lawsuit, a plaintiff is demanding the return of his cryptocurrencies from the trading platform KuCoin. The lawsuit is based on the allegation that KuCoin does not possess a license in Germany and is unlawfully refusing to return the plaintiff’s digital assets. Unlicensed cryptocurrency exchange…

Many borrowers face hefty prepayment penalties when they want to repay their mortgage early. A recent court ruling clarifies that banks may only demand these penalties if they comply with all legal transparency requirements. The court ruled that the demanded prepayment penalty must be refunded because the contract clauses used were not sufficiently clear and…

In a significant ruling, the Frankfurt Regional Court has once again clarified that sports betting providers are obligated to comply with legal deposit limits. A sports betting provider must repay a player €18,710 because he violated the legal deposit limit. The ruling strengthens the rights of consumers who have suffered significant losses despite existing protective…

Unauthorized credit card charges are becoming an increasingly serious problem in the financial sector, primarily affecting customers of banks such as DKB, Targo Bank, and savings banks. The methods fraudsters use to obtain customers’ sensitive credit card data are numerous and often difficult to trace. Data is most frequently stolen through visits to fake websites…

Death is a topic no one likes to think about – yet precisely for this reason, it often leads to uncertainty, disputes, and financial burdens for the bereaved. Thoughtful estate planning not only helps avoid inheritance disputes but can also offer tax advantages. We explain what’s important when it comes to bequeathing and gifting assets.…

Freedom of testation: Not everything is permitted Those who write a will generally want to create clear and unambiguous arrangements. However, not every clause is legally valid. Certain wording can render parts of the will, or even the entire document, invalid. To avoid disputes among heirs and costly legal proceedings, you should observe a few…

Whether buying real estate, making a will, drawing up a prenuptial agreement, or starting a business – many of life’s most important decisions have far-reaching legal consequences. But how do you ensure that everything is correctly arranged and that no unpleasant surprises arise later? The answer: with a notary. In this article, you will learn…