Today there are about 19,000 foundations in Germany and this number is continually growing. Some have large assets, but you can also set up a foundation with comparatively little money and benefit from the advantages of specialized legal advise in this field. Foundations save on taxes and can allow one to organise assets according to a self-chosen purpose. Klier & Ott assists in the creation of foundations and monitors them, if desired. We are specialized in the creation of charitable foundations with social, cultural or environmental ambitions.