In 1636, he inherited the County of Falkenstein from his third cousin once removed Count Francis Christopher of Daun-Oberstein.
The impoverished count sold the county of Falkenstein to Duke Charles IV of Lorraine in 1667.
The Lordships of Broich and Bürgel were inherited by his third cousin once remove, Emich Christian of Leiningen-Dagsburg.
On 28 November 1634 at Waldeck Castle, he married his cousin Elizabeth (1610–1647), the daughter of Count Christian of Waldeck-Wildungen.
They had the following children: In 1663, he remarried, to Agnes Catherine (1629–1686), the daughter of Count Bernard Albert of Limburg-Styrum (1597–1637) and Countess Maria Anna of Berg (1600–1653).