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Violation of deposit limit – recovery of losses from online sports betting
Without the required license, online sports betting was and remains prohibited in Germany. The consequence of illegal sports betting is that players can reclaim their losses. However, the lack of a license is not the only reason why betting providers may be obligated to refund losses. According to the Berlin Court of Appeal, a violation…
03/12/2024Disinheritance: Reasons, consequences and legal options
Everyone has the right to freely decide who should inherit their assets after their death – and who should not. If a testator wishes to exclude a relative from inheritance, this is done through disinheritance. Here you can learn exactly what disinheritance means, how it works, and what options exist to defend against it. 1.…
03/12/2024Tax-free allowances for inheritance and gift tax are usually identical.
Those who start transferring their assets to future heirs early can pass on larger sums tax-free. The personal allowance is the same in most cases. Up to this amount, the beneficiary is not liable for inheritance or gift tax. However, there is an exception for parents and grandparents: their allowance is €100,000 for inheritance tax,…
02/12/2024Doctor gambles away 2 million euros – bet-at-home must compensate for the loss
That online gambling has a high potential for addiction is confirmed by a case from Austria. A doctor had participated in online gambling via the website of the gambling provider bet-at-home and lost over two million euros over time. Following a ruling by the Austrian Supreme Court (OGH), he must have been greatly relieved. The…
02/12/2024Sports betting is prohibited in amateur sports.
Online sports betting providers have long since discovered amateur sports for their purposes and are trying to lure players with betting offers. Players should be aware that sports betting on amateur sporting events is generally prohibited in Germany. ” This also means that players can reclaim their losses from online sports betting on amateur sports,…
27/11/2024Joint Will: Amendments, Revocation and Legal Basis
Spouses often opt for a joint will, which usually designates the surviving spouse as the sole heir upon the first spouse’s death. This often serves to protect the estate from claims by distant relatives after the death of one spouse. Such wills are generally handwritten by one spouse and signed by both. Furthermore, they frequently…
27/11/2024Who will inherit my debts after my death?
An inheritance includes not only assets but also debts. Those who inherit should inform themselves early to avoid financial risks. When someone dies, their debts don’t automatically disappear; instead, they become part of the estate and can be passed on to the heirs. An inheritance can therefore include not only assets like cash, securities, or…
25/11/2024Settling an estate: Will or inheritance contract – which is better?
Anyone who wants to ensure how their assets are distributed after their death should settle their inheritance matters early. This raises the question: Is a will or an inheritance contract the better choice? Life is unpredictable – an accident, illness, or old age can suddenly leave you unable to manage your own affairs. Therefore, it’s…
23/11/2024







