Dr Johanna Niegel

Johanna Niegel

Lawyer biography

Dr Johanna Niegel joined Allgemeines Treuunternehmen (ATU) in 1999 after having worked with international law firms in Moscow, New York, Budapest and Vienna. She has since specialised in the comparative analysis of international private foundations and trusts. Dr Niegel has been editing Trusts & Trustees Private Foundations: A World Review from its inception in 2004 and is also an editor of the survey book Private Foundations World Survey, published by Oxford University Press in August 2013. Dr Niegel has a doctorate in law from the University of Vienna Law School, Austria, and a master’s from Columbia University School of Law, New York, having obtained a Fulbright scholarship. She was named a Harlan Fiske Stone Scholar for Superior Academic Achievement and holds the Parker School Recognition of Achievement with Honours in International and Foreign Law. Dr Niegel was awarded the STEP Diploma in International Trust Management in 2005. In addition to being the Chair of STEP Liechtenstein, she currently serves as Secretary of the Swiss & Liechtenstein STEP Federation and Chair of the Verein STEP, a member of the Swiss & Liechtenstein STEP Federation. Dr Niegel was awarded the STEP Founder’s Award in 2017. She also teaches trust law in the master’s programme at the University of Liechtenstein.

In addition to German and English, Dr Niegel is fluent in Russian, French and Italian.


Private Client & Offshore Services

Family links in estate and succession planning
Liechtenstein | 01 August 2019

This article addresses the rules and procedures that govern family links in the context of estate and succession planning in Liechtenstein. For example, in regard to marriage, if no special arrangement exists, the default matrimonial property regime is separation of property. However, marital agreements that establish a different regime can be entered into before and during marriage.

Capacity and power of attorney
Liechtenstein | 25 July 2019

This article addresses the rules and procedures governing capacity and power of attorney in Liechtenstein. Capacity is determined according to the Law on Persons and Companies and, as a general rule, every person enjoys capacity if they are of age and sound judgement. A minor who is under the guardianship of their parents has the same limited capacity as a person who is placed under disability.

Wills, probate and inheritance
Liechtenstein | 18 July 2019

This article addresses the rules and procedures governing wills, probate and inheritance in Liechtenstein. For example, a distinction is made between testate and intestate succession. The rules on intestate succession apply when a person dies without leaving a will, whereas testate succession is determined based on a will to which Liechtenstein applies the right to a compulsory portion.

Compliance issues
Liechtenstein | 11 July 2019

There are various compliance issues in Liechtenstein with regard to private client wealth management. In this context, the government recently introduced specific anti-avoidance provisions to the Tax Act regarding the tax exemption on dividends and capital gains and implemented the Fourth EU Anti-money Laundering Directive and EU Regulation 2015/847 on the transfer of funds.

Private trusts, foundations and charities
Liechtenstein | 04 July 2019

This article addresses the rules and procedures governing the establishment and maintenance of private trusts, foundations and charities in Liechtenstein. For example, as there is no prohibition on accumulating income and no rule against perpetuity, the most important types of trust are discretionary trusts and fixed-interest trusts. In addition, foundations can be used for purely private-benefit or common-benefit purposes, or a combination thereof.

Recent developments and tax considerations for private clients
Liechtenstein | 27 June 2019

This article addresses notable recent developments regarding the provision of private client services in Liechtenstein, including regulatory changes and case law. Of note is the abolition of the distinction between offshore and onshore companies by the introduction of a uniform corporate income tax rate of 12.5%, which, among other things, made Liechtenstein companies more attractive internationally.