Holdings and Succession Planning

Protecting client assets is one of SOTTO MAIOR & NAGEL ADVOGADOS’ priorities. For individuals and family groups, our team provides advice on the transfer and succession of assets. Our goal is to present the most efficient solutions for reducing procedural expenses, tax costs and legal risks.

We specialize in Family and Inheritance, Corporate and Tax Law, the three areas of law that pertain to the creation of a Family Holding which are instrumental to succession planning and to asset protection. This is a preventive and cost-effective way to anticipate inheritance and avoid family conflicts that often occur during inventory and asset division. It is an important alternative to Testament and Donations, which are the instruments traditionally used in Brazil.

A Holding Company is a patrimonial company formed for the specific purpose of managing the assets of one or more individuals, that is, family members. The main advantages of setting up a Family Holding are:

• Equal partnership of all heirs 
• Reduction of family conflict risks
• Third party protection
• Safeguarding against community of property prenuptial agreements
• Time reduction of inventory development and process
• Tax plan development, reducing the tax burden on the company and partners in a lawful and legitimate manner.
• Reduced expenses, legal costs and attorney’s fees
• Assured business continuity and development in the event of succession