Tax advice

Incrementally, or due to circumstances, you have acquired wealth. In that case, you may have many questions… Are my assets properly divided between private assets and public assets? Should I start transferring assets to my children? I´d like to do something for charities, but how do I give in the manner? Vastrecht will gladly help you. Also when there are specific matters, such as estates falling under the Dutch Estates Act, foreign property, undivided estates, etc. Vastrecht would be happy to be your regular consultation partner.

I have a valuable art object that I´d like to use to pay inheritance tax utilizing the special rules that exist for that purpose. In cases such as these, Vastrecht often works together with art consultant and valuer Van der Meer Mohr.

It may happen that you get entangled in a web of tax debts. Vastrecht will be happy to assist you in arranging a debt management scheme with the Tax and Customs Administration for a feasible repayment schedule, a collections claim (decision not to recover a debt for the time being or definitively) or even remission.

Large debts also often go hand in hand with an administrative backlog, possibly with data getting lost or otherwise. In that case Vastrecht will be happy to help you sort out your administration. Once that is done we can begin talks with the Tax and Customs Administration about remediation. But also in case of other creditors, apart from the tax authorities, Vastrecht can be of service.

In some cases a client may need more assistance than is usually provided in our line of business – help that is outside our expertise. It is not in our nature to look the other way then. As some of our clients – senior citizens or start-ups, often financially not very strong entrepreneurs – have already experienced, Vastrecht can give an extra helping hand in those situations too. In addition to assistance with annual returns, you may count on support in the following fields:

• (Control of) payment transactions: assistance in making payments, checking and organizing bank statements;
• Support when you consult with the bank about (redemption of) mortgages, other debts, or investments. We are not investment consultants, but if the bank wishes to confer with you as client, our presence may be helpful as we understand the language the bank is speaking;
• Support when you discuss your testament (is it still up to date?) and succession planning with a civil-law notary;
• Assist in filing a claim for medical expenses with your insurance company;
• Keep other non-life insurance policies (property, home, car etc.) up to date. We are not insurance advisers, but we can keep your insurance documents in order. In consultation with professionals we can see whether your insurance policies need adjustments;
• Assist in putting an estate dossier and emergency folder in order.

Practice shows that many entrepreneurs benefit from a more in-depth discussion about their business operations. Due to Vastrecht´s – and in particular innovative entrepreneur Willemijn van Sandick´s – wide experience, we are an excellent sounding board for entrepreneurs who would like to spar about their options. In some circumstances, the relationship develops in such a way that Vastrecht is asked to act as executor or mediator.