Endowment
A purpose attention is a transfer of assets associated with the bearing is connected, this turning favor a particular purpose to use ( § 8 inheritance law ). The transfer can take place on the occasion of death ( inheritance ) or as generous donations among the living ( donation ). The granting of a purpose requires a final waiver of the assets made available for the purpose.
Germany
The purpose grant is considered a taxable fact within inheritance and gift tax . A (tax-exempt) exception is given for gifts that are exclusively dedicated to charitable purposes, provided that the use for the specific purpose is secured ( § 13 No. 17 ErbStG).
