Investors must arrange for incapacity or death to retain control of their securities deposits and term deposits
Executive summary: A notary details what happens to a securities deposit or term deposit when the account holder becomes seriously ill or dies, and recommends preventive actions. Without such planning, assets may be frozen or subject to probate delays, affecting heirs’ access and potentially incurring extra costs.
Who is involved: Individual investors, German notaries, banks holding the deposits, and eventual heirs.
Likely next: Investors are expected to seek notary advice and consider powers of attorney or advance‑gift strategies, boosting demand for succession‑planning services.
A notary explains that without prior arrangements, a securities depot or term deposit can become inaccessible if the account holder falls seriously ill or dies, potentially delaying inheritance and exposing assets to legal hurdles. The piece outlines practical steps—such as granting a power of attorney, setting up a custodial agreement, or making advance gifts—to safeguard assets and ease the transfer to heirs. It underscores the growing relevance of estate‑planning tools in Germany’s wealth‑management landscape.
Timeline
- — Wenn Sie plötzlich nicht mehr über Ihr eigenes Depot bestimmen können (Der Spiegel — Wirtschaft)
- — Musterdepot – Dynamik: Zwischen Tech-Zweifeln und Zinsunsicherheit – wie Anleger jetzt ihr Depot ausrichten (Handelsblatt)
- — Märkte Insight: Gold ist eine gute Ergänzung für das Depot, mehr aber nicht (Handelsblatt)
Key entities
Sources
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