Abstract
This article presents a new regulation on family wealth management recently adopted in Poland and compares it with the solutions adopted in relevant legislation in other states, particularly German-speaking countries, with a special focus on German law. This comparative analysis starts with a retrospective look at the development of regulations on foundations in Poland leading to the adoption of the Act on Family Foundations, and subsequently examines the regulations currently binding in Germany, Austria and Luxembourg, aiming at pinpointing the basic similarities as well as differences in the way foundations are approached by legislators in Poland and other European (mostly German-speaking) countries. It also points out the main difference that characterises Polish family foundations, which, rather than serving charitable purposes, are predominantly if not only intended to manage and preserve family wealth.