PSP Family Office. Expertise in wealth, succession and foundations for private clients PETERS, SCHÖNBERGER & PARTNER

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1 PETERS, SCHÖNBERGER & PARTNER PSP Family Office Expertise in wealth, succession and foundations for private clients Legal Advice Audit Tax Advice Family Office

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3 The world and its markets are in a constant state of flux. It is becoming increasingly difficult to predict trends in the financial markets. But how can one keep track of all these developments on a day-to-day basis? Concentrating on the essentials is the key. PSP Family Office supports you as an independent and experienced adviser.

4 PSP partner for private clients we measure ourselves by your requirements As wealth grows, so does the complexity of wealth management. Those with a sense of responsibility for themselves and their family have to make well-considered decisions in wealth management and succession planning. We help you preserve your assets in a financial world that changes from day to day. In doing so, we focus on clear financial priorities and the long-term prospects. For you and your family, we develop a customised wealth profile that reflects your life plan. With our PSP Family Office, you have experienced and independent partners at your side. We support you individually and in all situations. In doing so, we assume personal responsibility for you and your family to create and maintain values jointly. Our advisory philosophy is characterised by a solid appreciation of values, know-how, transparency and independence.

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6 Independent expertise to your advantage We have served wealthy private persons for over 30 years. In that time, we have emerged as one of the most highly regarded firms in the fields of family office, succession planning and foundations. This is regularly confirmed by independent sources, for example the Handelsblatt Elite Report. We have extensive expertise in adjusting the various asset classes of your wealth to tax and legal circumstances as well as economic conditions. Working closely with you, we devise customised solutions and ensure that they are implemented in accordance with your wishes whether in the field of wealth structuring, private wealth planning, succession arrangements or the involvement of foundation-based solutions. Our Family Office experts can always draw on the expertise of our entire firm with a staff of more than 100. Our interdisciplinary approach, in which tax consultants, lawyers, auditors, chartered financial analysts (CFA) and certified financial planners (CFP) work closely together, benefits you directly and guarantees advice from one single source.

7 We adapt your wealth management to the current business, tax and legal conditions.

8 Family Office for private clients If you instruct us to manage and advise on your wealth, you opt for the expertise of one of the leading family offices in Germany. As independent advisers, our only commitment is to you and your financial future. We analyse your personal wealth situation to give you an informative overview of your capital assets, real estate and equity holdings. Together with you, we discuss your income and risk expectations and develop an investment strategy tailored to your needs. In doing so, we always consider investment solutions that are off the beaten track. Finally, monitoring your investments and providing the related reports represent a significant part of our work. We not only monitor the performance of your investments, but also check whether your asset managers adhere to the stipulated investment guidel ines and operate correctly. To keep you fully informed, you receive from us a comprehensive report on your assets at regular intervals with optional tax planning, on the basis of which risks become transparent and investment decisions can be taken on a proper basis. In real estate, you profit from our many years of experience and our network of specialised partners. This also applies when it comes to selecting the right asset manager for your needs. You benefit from our personal contacts to reputable banks and asset managers in Germany and abroad.

9 Examples of our advisory expertise Asset analysis and preparing a statement of assets Developing a wealth strategy Full asset reports and tax planning Selecting an asset manager Monitoring asset performance Investment and cost management Our only obligation is towards you and your wealth.

10 Succession for private clients Wealth and business succession is frequently linked to the wish to preserve what you have built up in your lifetime across generations. The related issues are normally complex and require an experienced adviser with a great deal of empathy. How should your wealth be transferred? When should this happen? How can your business and family be secured financially? How can potential disputes among your descendants be avoided? What particular family matters have to be taken into account? And what tax and legal aspects do you have to consider? The replies to such questions are frequently complex and influenced by the conflicts involved when wealth passes to the next generation. There are no standard solutions. In many cases, decisions take time. However, it is clear that you can only structure your wealth succession according to your personal views if you do actively plan this. With the expertise we have gained over many years in succession issues, we help you make the right decisions for the future. We analyse your personal situation in detail, discuss your wishes and ideas with you and, on that basis, prepare an individual and holistic solution together with you. In doing so, we of course always have the tax and legal aspects in mind. You can be sure that your succession arrangements take account of personal and family aspects as well as of the legal, tax and business effects.

11 Examples of our advisory expertise Lifetime asset transfers Transfer of assets upon death Administration of wills Health care proxy and living wills We analyse your personal situation in detail.

12 Foundations for private clients Setting up your own foundation represents a particular way of preserving your lifetime achievements, promoting particular initiatives and giving back some of your own success to society. Wealthy persons are increasingly considering this particular option in their succession arrangements both with regard to business succession and the promotion of charitable purposes. Each foundation is unique. To enable you to put your ideas into effect, we help you lay the basis for your foundation s success in the future. In planning, defining and implementing your foundation project, we provide one-stop advice on the commercial, legal and tax aspects. We thereby analyse whether such a solution could be suitable for you and examine the business and tax requirements. We advise you on the ideal type of foundation, answer all legal questions regarding nonprofit organisations and support you in having your foundation recognised legally. Finally, we coordinate matters with the authorities on your behalf and, if you wish, monitor the foundation s assets in the future. Our individual approach always takes account of the uniqueness of your foundation and ensures that it is tailored to work in accordance with your intentions.

13 Examples of our advisory expertise Devising a foundation-based solution Establishment of a non-profit foundation or a family foundation Monitoring the assets of a foundation Annual audits for foundations Advice concerning current foundation work Advising of and supporting non-profit organisations Our individual approach underlines the uniqueness of your foundation.

14 A national and international presence We operate wherever our clients need us, as we are aware that personal advice does not end at the border. This is why we have been a member of DFK International for many years. DFK International is a significant international association of independent audit and tax consulting firms. It embraces more than 400 offices in 85 countries. Through DFK International, we always have a local presence and can also advise you on cross-border matters individually and personally regardless of whether you plan to expand internationally or are already represented abroad or simply want to establish new international business relationships. With the combined expertise of DFK International, we are able to support you worldwide with the services that you expect from us. In addition, we maintain personal contacts to many excellent advisers abroad. These have grown over the years and also enable us to give you prompt and efficient advice on complex international issues. Moreover, in complex matters we ourselves work abroad locally. Besides overall coordination, we ensure that examinations, negotiations and the final documentation meet your requirements. Through DFK, we have a local presence in 85 countries.

15 The firm opposite the Siegestor Since it was established over 35 years ago, Peters, Schönberger & Partner has developed into a highly regarded mid-sized firm that provides tax advice, audit services and legal advice. We mainly advise small and midsized firms, family businesses, entrepreneurs, wealthy private persons and private equity companies that seek interdisciplinary and personal advice. With us at your side, you have a professional, reliable and assertive partner that is committed to representing your legal and tax interests and that performs the traditional tasks of auditors. PSP a consistent interdisciplinary approach

16 You can find further information on our range of services in the target group brochures: Small and mid-sized firms Family businesses and entrepreneurs Private equity firms PETERS, SCHÖNBERGER & PARTNER MBB RECHTSANWÄLTE WIRTSCHAFTSPRÜFER STEUERBERATER Schackstraße Munich Phone: psp@psp.eu PSP /17 STEP PHOTOS: KARSTEN DE RIESE, DIETRAMSZELL