Hungary

Dr. Ákos Menyhei, LL.M., TEP

Managing Partner of Eastern Europe/Chair of The Trust and Estate Practice

Contact Information

Office Information

Bécsi út 52. 2nd. Floor
H-1036 Budapest
Hungary, EU

Phone Number

+36 1 318 1546

Details

Jurisdiction

Hungary

Education

Wirtschafts Universität Wien (Vienna University of Economics ) LLM, International Tax Law

Eötvös Loránd University of Science Faculty of Law Legal doctor, law

Central European University Budapest, Cardozo Law School (New York) Constitutional law and International Business Law

University of Ghent, Belgium International Common Law, EU Law and International Arbitration Law

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Practice Areas

Business Law, International Tax Law, Mergers & Acquisitions, Private Wealth Management & Estate Planning

Dr. Ákos Menyhei, LL.M., TEP is the Head of the Eastern Europe Practice and Chair of the Trust and Estate Practice of Aliant. He specializes in international wealth, estate, asset and tax planning, asset protection and is highly experienced in establishing structures in a variety of jurisdictions and combining the features of double taxation agreements between different countries to provide an optimal tax result.

Dr. Menyhei has extensive experience in corporate and commercial law, including mergers & acquisitions and is skilled at forming private investment structures, umbrella funds, multi-manager funds and others based on the needs of clients. As a tax, inheritance, and estate law expert, he regularly establishes, co-ordinates and administers estate planning and asset protection structures that minimize tax obligations and eliminate conflict and negative consequences that may arise in inheritance disputes. He has helped many clients including: venture capital starts-ups, privately held corporations and high net-worth individuals in protecting their assets.

Dr. Menyhei received his law degree from the Eötvös Loránd University of Science Faculty of Law, and his Master of Law degree in International Tax Law from the Wirtschaftsuniversität Wien (University of Economics of Vienna). As a result of his achievements, Dr. Menyhei was awarded the TEMPUS scholarship and took classes in international common law, EU law and international arbitration law at the University of Ghent. Dr. Menyhei also undertook a course in constitutional law and international business law at Central European University Budapest – Cardozo Law School (New York). He has been practicing law since 1995 and was admitted to the Budapest Bar Association as an attorney in 1997.

He is a member of the Society of Trust and Estate Practitioners (STEP), and was the chairman of STEP Hungary for several years. Dr Menyhei is a lecturer on the post graduate trust law degree program at Szent István University.

Dr. Menyhei is the author (and co-author) of several acclaimed industry books and publications including Limits to Tax Planning, Linde Verlag, 2013; The Trust, HVG-ORAC 2014; Business Law in Hungary, Patrocinium, 2016; Introduction of the trust in Hungary and the international practice, HVG-ORAC 2017 (editor). Additionally, Dr. Menyhei regularly publishes in Trust & Trustees by Oxford Journals, that is the leading international journal on trust law. In addition, he was recently named one of the top 100 attorneys in Hungary, and a leading expert in trusts and estates in the country.

Dr. Menyhei is fluent in English and in his native Hungarian.

INSIGHTS / PUBLICATIONS

Hungary: Unlocking wealth—a guide to maximizing benefits with Hungarian Asset Management Foundations for single-family offices
Oxford Journals – Trusts & Trustees · Jun 8, 2024Oxford Journals – Trusts & Trustees · Jun 8, 2024

Silent Guardians: How Family Offices Safeguard Wealth and Privacy
AliantLaw · Nov 23, 2023

Hungary Offers Alternative Structures To Trusts Beset By Greater Transparency
www.wealthbriefing.com · Nov 10, 2023

Fiduciary asset management (A Bizalmi Vagyonkezelés) 3rd. updated edition
ORAC · Jul 2, 2023

Taxation of the Hungarian asset management foundation, trust and hybrid trust
Oxford Journals – Trusts & Trustees · Jun 2, 2023

International Asset Protection Strategies – How Hungary Offers Unique Solutions
mondaq.com · May 9, 2023

The impacts of the beneficial owner register on Hungarian asset management foundations, trusts, and hybrid trusts
Oxford Journals – Trusts & Trustees, Volume 28 · May 12, 2022

The foundation – a historical, typological, functional, taxation and asset management omnibus The foundation – a historical, typological, functional, taxation and asset management omnibus
HVG/ORAC · Jul 20, 2021

Tax benefits of the asset management foundation and trust in Hungary
Oxford Journals – Trusts & Trustees, Volume 27 · Jul 6, 2021

Privacy Protection in HungaryPrivacy Protection in Hungary
Oxford Journals – Trusts & Trustees · Jul 28, 2020Oxford Journals – Trusts & Trustees · Jul 28, 2020

The new Hungarian asset management foundation
Oxford Journals, Trusts & Trustees, Volume 25, Issue 6, July 2019, Pages 599–610, · Jul 27, 2019

The ultimate asset protection vehicle, the amended rules of the Hungarian trust
Oxford Journals, Trusts & Trustees, Vol. 24, No. 6, July 2018, pp. 579–584 · Aug 2, 2018Oxford Journals, Trusts & Trustees, Vol. 24, No. 6, July 2018, pp. 579–584 · Aug 2, 2018

The use of the Hungarian Foundation for asset protection and private purposesThe use of the Hungarian Foundation for asset protection and private purposes
Oxford Journals, rusts & Trustees, Volume 23, Issue 6, July 2017, Pages 673–677, · Aug 9, 2017

Introduction of the trust in Hungary and the international practice
HVG-Orac · Apr 19, 2017

Development of the estate planning industry through the introduction of the trust in Hungary Development of the estate planning industry through the introduction of the trust in Hungary
Oxford Journals, Trusts & Trustees, Vol. 22, No. 6, July 2016, pp. 659–664 · Jul 7, 2016

Business Law in Hungary
Patrocinium · Mar 23, 2016

Estate planning in Hungary: private foundation or trust?
Oxford Journals, Trusts & Trustees, Vol. 21, No. 6, July 2015, pp. 650–656 · Jul 5, 2015

Hungary for business
STEP Journal · Apr 1, 2014

New ground for the trust concept
STEP Journal · Dec 4, 2013

Limits to tax planningchapter authored by Dr. Ákos Menyhei, LL.M., TEP
Linde Verlag · Oct 18, 2013

Trust and Estate Planning in Hungary
Finance Monthly · Jan 10, 2013

About

Dr. Ákos Menyhei, LL.M., TEP is the Head of the Eastern Europe Practice and Chair of the Trust and Estate Practice of Aliant. He specializes in international wealth, estate, asset and tax planning, asset protection and is highly experienced in establishing structures in a variety of jurisdictions and combining the features of double taxation agreements between different countries to provide an optimal tax result.

Dr. Menyhei has extensive experience in corporate and commercial law, including mergers & acquisitions and is skilled at forming private investment structures, umbrella funds, multi-manager funds and others based on the needs of clients. As a tax, inheritance, and estate law expert, he regularly establishes, co-ordinates and administers estate planning and asset protection structures that minimize tax obligations and eliminate conflict and negative consequences that may arise in inheritance disputes. He has helped many clients including: venture capital starts-ups, privately held corporations and high net-worth individuals in protecting their assets.

Dr. Menyhei received his law degree from the Eötvös Loránd University of Science Faculty of Law, and his Master of Law degree in International Tax Law from the Wirtschaftsuniversität Wien (University of Economics of Vienna). As a result of his achievements, Dr. Menyhei was awarded the TEMPUS scholarship and took classes in international common law, EU law and international arbitration law at the University of Ghent. Dr. Menyhei also undertook a course in constitutional law and international business law at Central European University Budapest – Cardozo Law School (New York). He has been practicing law since 1995 and was admitted to the Budapest Bar Association as an attorney in 1997.

He is a member of the Society of Trust and Estate Practitioners (STEP), and was the chairman of STEP Hungary for several years. Dr Menyhei is a lecturer on the post graduate trust law degree program at Szent István University.

Dr. Menyhei is the author (and co-author) of several acclaimed industry books and publications including Limits to Tax Planning, Linde Verlag, 2013; The Trust, HVG-ORAC 2014; Business Law in Hungary, Patrocinium, 2016; Introduction of the trust in Hungary and the international practice, HVG-ORAC 2017 (editor). Additionally, Dr. Menyhei regularly publishes in Trust & Trustees by Oxford Journals, that is the leading international journal on trust law. In addition, he was recently named one of the top 100 attorneys in Hungary, and a leading expert in trusts and estates in the country.

Dr. Menyhei is fluent in English and in his native Hungarian.

INSIGHTS / PUBLICATIONS

Hungary: Unlocking wealth—a guide to maximizing benefits with Hungarian Asset Management Foundations for single-family offices
Oxford Journals – Trusts & Trustees · Jun 8, 2024Oxford Journals – Trusts & Trustees · Jun 8, 2024

Silent Guardians: How Family Offices Safeguard Wealth and Privacy
AliantLaw · Nov 23, 2023

Hungary Offers Alternative Structures To Trusts Beset By Greater Transparency
www.wealthbriefing.com · Nov 10, 2023

Fiduciary asset management (A Bizalmi Vagyonkezelés) 3rd. updated edition
ORAC · Jul 2, 2023

Taxation of the Hungarian asset management foundation, trust and hybrid trust
Oxford Journals – Trusts & Trustees · Jun 2, 2023

International Asset Protection Strategies – How Hungary Offers Unique Solutions
mondaq.com · May 9, 2023

The impacts of the beneficial owner register on Hungarian asset management foundations, trusts, and hybrid trusts
Oxford Journals – Trusts & Trustees, Volume 28 · May 12, 2022

The foundation – a historical, typological, functional, taxation and asset management omnibus The foundation – a historical, typological, functional, taxation and asset management omnibus
HVG/ORAC · Jul 20, 2021

Tax benefits of the asset management foundation and trust in Hungary
Oxford Journals – Trusts & Trustees, Volume 27 · Jul 6, 2021

Privacy Protection in HungaryPrivacy Protection in Hungary
Oxford Journals – Trusts & Trustees · Jul 28, 2020Oxford Journals – Trusts & Trustees · Jul 28, 2020

The new Hungarian asset management foundation
Oxford Journals, Trusts & Trustees, Volume 25, Issue 6, July 2019, Pages 599–610, · Jul 27, 2019

The ultimate asset protection vehicle, the amended rules of the Hungarian trust
Oxford Journals, Trusts & Trustees, Vol. 24, No. 6, July 2018, pp. 579–584 · Aug 2, 2018Oxford Journals, Trusts & Trustees, Vol. 24, No. 6, July 2018, pp. 579–584 · Aug 2, 2018

The use of the Hungarian Foundation for asset protection and private purposesThe use of the Hungarian Foundation for asset protection and private purposes
Oxford Journals, rusts & Trustees, Volume 23, Issue 6, July 2017, Pages 673–677, · Aug 9, 2017

Introduction of the trust in Hungary and the international practice
HVG-Orac · Apr 19, 2017

Development of the estate planning industry through the introduction of the trust in Hungary Development of the estate planning industry through the introduction of the trust in Hungary
Oxford Journals, Trusts & Trustees, Vol. 22, No. 6, July 2016, pp. 659–664 · Jul 7, 2016

Business Law in Hungary
Patrocinium · Mar 23, 2016

Estate planning in Hungary: private foundation or trust?
Oxford Journals, Trusts & Trustees, Vol. 21, No. 6, July 2015, pp. 650–656 · Jul 5, 2015

Hungary for business
STEP Journal · Apr 1, 2014

New ground for the trust concept
STEP Journal · Dec 4, 2013

Limits to tax planningchapter authored by Dr. Ákos Menyhei, LL.M., TEP
Linde Verlag · Oct 18, 2013

Trust and Estate Planning in Hungary
Finance Monthly · Jan 10, 2013

Insights