Office Location: Austria
Austria
Estates: Planning
Relocation and Cross-Border Advisory
Tax Advisory
Dr. Niklas Schmidt is a partner at Wolf Theiss Attorneys-at-Law in Vienna, Austria. He has been admitted as a lawyer and as a tax advisor, and has more than twenty-five years of professional experience. Niklas regularly advises HNWIs and their families on relocations to, and from, Austria, on wealth management structures such as trusts and foundations, on succession topics, and on the structuring of high-value assets. He is a past chair of the Private Client Tax Committee of the International Bar Association (IBA). Niklas is frequently engaged as a speaker at private client and tax conferences, and has written a number of books. He has a number of band 1 rankings in international legal directories, for example in Chamber's High Net Worth Guide.
Question : What drew you to specialise in private client law/ wealth advisory?
Answer: Cross-border and thus complex legal topics. Interesting people.
Question : For lawyers entering private client law, what are key skills you think are essential?
Answer: Analytical mind. Attention to detail. People skills.
Question : With the evolving landscape of the private client world, what are recent trends or shifts you are excited to explore?
Answer: Rising negative sentiment regarding wealth.
Question : Where is your favourite place to take a peer for a cocktail or coffee?
Answer: In Vienna, Do & Co Stephansplatz (with a fantastic view on St. Stephen's cathedral)