Field help: (2020) Did you pay money to someone as a permanent burden?

Select Yes if you have made payments to a third person in the form of long-term financial burdens (dauernde Lasten).

Long-term financial burdens are regular monthly payments that can be adjusted in the amount at any time if the economic circumstances of the contracting parties change. The amount of the payment may, for example, be based on the profit of the transferred company.

Main case of an application for a transfer of assets as part of the anticipated succession. In this case, parents usually transfer assets (e.g. company shares) to their children during their lifetime. In return, the children undertake to pay a monthly annuity to the parents for life.