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Succession life hacks – Latvian tax and legal aspects
Preparing to pass on what you have built and accumulated during your lifetime to the next generation – with as few tax and legal obstacles as possible – is one of the most important decisions in life. The topic has long attracted the attention of popular culture – from the HBO series Succession to Bugs […]
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Benefits of a foundation
When we talk about charitable foundations, we usually think first of the benefits they bring to society – supporting schools, culture, Ukraine, helping vulnerable groups or tackling climate issues. What is often forgotten is that a foundation is not just a “charity box”. It is a structure that can strengthen a family, improve reputation of […]
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Court practice on governing marital assets across Baltics
An important, yet often overlooked element of estate planning and asset management is revisiting the marital property regime during your lifetime. The regime chosen at the beginning of the legal relationship may not best suit your needs years later. The good news is that it can be fixed! In Estonia, if spouses or registered partners […]
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European Legal update: 31.10. – 11.11.2025
Legal assistant Nikola Cīparsone compiled the material. EDPS unveils revised Guidance on Generative AI, strengthening data protection in a rapidly changing digital era Published: 28 October 2025 The European Data Protection Supervisor (EDPS) has released updated guidelines on the use of generative artificial intelligence (AI) by EU institutions, bodies, offices, and agencies (EUIs). The aim […]
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ESG in motion: new tools, tougher rules, and the road to climate neutrality
Welcome to our latest ESG highlights – your snapshot of the most important sustainability updates from the Baltics and the EU. In Lithuania, new draft guidelines target misleading green claims in advertising, while a fresh legislative package aims to close the gender pay gap through stronger transparency rules. Latvia is reshaping its climate framework with […]