The article presents two different models for regulating the scope of permissible activities of foundations. Under one of these models, a private foundation may not engage in economic activity directly, whilst under the other, such activity is permitted. The further implications of each position are also outlined.
The article identifies two alternative models for perceiving the role of beneficiaries: either as passive, external creditors of the foundation, or as active stakeholders who are responsible for operating the foundation.
The article presents five features of the Polish family foundation which are not common among other jurisdictions recognisizing private foundations.
On 20 February 2024 Prof. dr. Anne Sanders, Universität Bielefeld, delivered a lecture on European Foundation Law in Comparative Perspective.
On 20 February 2024 at 5 p.m. (CET), Prof. dr. Anne Sanders, Universität Bielefeld, will deliver a lecture on European Foundation Law in Comparative Perspective during the 21st Open Seminar of the Chair of Commercial and Corporate Law of University of Warsaw.
Next online seminar takes place 21 February 2023 at 5.30 p.m. via Zoom and it concerns private foundations in Switzerland. The speaker is Vincent Pfammatter.
The member of our research team has published a book, which analyses Polish law of succession from the perspective of a sole entrepreneur who plan a succession of his enterprise.
23 January 2023 at 5.30 p.m. there is the first seminar of the online series on estate planning in Europe. Prof. Alexandra Butterstein will be speaking on private foundations in Liechtenstein via Zoom.
We invite to four seminars entitled “Wealth Management: Private Foundations – Comparative Perspective”. They will be carried out by exceptional experts on estate planning from Liechtenstein, Switzerland, Germany, and Austria. The meetings will take place online and will be open to everybody.
23 November 2022 the law on family foundation, drafted in the government, has been introduced to the lower house of Polish parliament (Sejm). As the Bill no 2798, it has been sent to the first reading.