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Inheritance


Do you, like us at TARGET, share a common vision of a future worth living on our planet - also for future generations? Do you believe, as we do, that each and every one of us can make a difference? Then there are good reasons to plan your own estate carefully. During your lifetime, you can ensure that what is important to you now can continue to exist.

By including TARGET in your will, you are setting the course with us for a happier future for the people in our projects. You stand with us on the side of the girls and women of Africa, support the preservation of the Amazon rainforest and promote happy births in our obstetric clinic in Ethiopia. We fight for the physical integrity of girls and women in Africa and the health of the Waiãpi in the Brazilian Amazon rainforest. You can strengthen our work by remembering us in your will - and thus set the course for a happier future for the people in our projects.

Good to know:

If a charitable organization like TARGET inherits or receives a legacy, no taxes are payable - your legacy will benefit our work in full. If you would like to remember TARGET in your will, a bequest is a good option: With this special form of donation, TARGET as the legatee receives a sum of money, a certain percentage or an object from the estate specified by you.

Basic information about the will



By making a will or an inheritance contract, you can decide for yourself who will benefit from your estate. If you don't make provisions, you leave the distribution of your assets to the law. Out of ignorance, many people do not make use of the option of making a will, so that in the event of death, the statutory succession applies. This provides for the spouse or registered partner and their own descendants as heirs. If the spouse or partner and children are no longer alive, second-order heirs take their place. If neither relatives nor spouse or partner are alive, the inheritance automatically goes to the state. By making a will, childless people, for example, often want to prevent strangers, distant relatives or the state from receiving their assets.

In principle, you can name anyone as an heir in your will. You are only limited by the so-called compulsory portion (= half of the statutory inheritance entitlement), which must be paid to the statutory heirs. You can change a will at any time without giving reasons. With a clear, legally sound will, you can ensure clarity even after your death. In principle, you have two options:

  • A handwritten will: You write the entire text by hand, sign it with the place and date and, if possible, deposit the will with the probate court of your local court so that it cannot be lost or stolen. Advantage: There are no costs initially, except for depositing it with the local court (e.g. EUR 33 fee for assets of EUR 50,000). Disadvantage: If the will has formal or content-related defects, it can be contested. The heirs usually need an expensive certificate of inheritance for banks and offices.
  • A notarized will (or notarized inheritance contract): Your notary draws up and notarizes your will and files it with the local court. (You can have a notarized contract of inheritance drawn up in special cases, e.g. if your child wants to continue your company). Advantage: The will is legally secure, an expensive certificate of inheritance is usually not required. Disadvantage: Costs for notarization by the notary (approx. EUR 132 for assets of EUR 50,000). If you consult a lawyer or tax advisor, additional costs may be incurred.


    We will be happy to advise you!



    If you have any questions, we will be happy to advise you:
    Tel: 040 288 633 20 or use our contact form.

    Please note: We would like to provide you with initial information (without guarantee) - however, this cannot replace professional advice, which may be necessary for further questions. If you would like to find more information on the subject of estates on the Internet or search for experts, we would like to refer you to the following sources:


    German Society for Inheritance Law (DGE): www.erbfall.de
    German Association for Inheritance Law and Property Succession: www.dvev.de
    Federal Chamber of Notaries: www.bnotk.de
    Federal Chamber of Lawyers: www.brak.de
    Federal Chamber of Tax Consultants: www.bstbk.de


    In addition, the Federal Ministry of Justice offers the brochure "Erben und Vererben" (Inheritance and Bequest) for download free of charge: www.bmj.bund.de.