Abstract For many years, Polish succession law proved inadequate to address succession-related matters due to the absence of effective legal instruments for long-term estate and business-succession planning. Growing expectations and sustained pressure from business owners ultimately prompted the enactment of new legislation in this field. Among the available instruments, the Act on Family Foundation occupies a central position. The Act was adopted at the beginning of 2023 and entered into force in May of the same year. This article provides a concise introduction to the Polish model of the family foundation. It examines the foundation’s legal nature and objectives; the rules governing its establishment, assets, and economic activity; the position and rights of beneficiaries; the internal governance structure; issues of liability and supervision; and matters relating to dissolution and liquidation. The article aims to offer the reader a structured overview of this new legal instrument.
Osajda et al. (Tue,) studied this question.