The planning pros of pensions
Ruta Savignac and Niver Bossle Acosta explore the advantages of private pension plans and their use for financial and succession planning of Brazilian private clients
Key points
What is the issue?
Pension plans may stay outside the scope of inheritance in Brazil and be used to transfer a portion of wealth tax-free to Brazilian beneficiaries, who might remain confidential and outside the line of legitimate heirs.
What does it mean for me?
Pension plans are flexible instruments with a possibility to choose the beneficiaries and tax regime; however, they should not be used to overcome the Brazilian forced‑heirship rules, nor to defraud creditors.
What can I take away?
Please login to access this content
If you are not a member, find out more about joining STEP or subscribing to STEP articles.