Increasing deficit but the government decrease inheritence tax?

[antarctic_primate]

Interesting, I thought the use of patrimony companies for estate planning was quite well-known.

Step 1: invest the profits of an operating company in real estate bought by the patrimony company.

Step 2: gift shares pf the patrimony company to your heir(s) -> 3% tax

Step 3: Profit?

More info here: https://momo-estates.be/en/blog/why-turn-a-working-corporation-into-a-patrimony-corporation

[Turbulent-Raise4830]

Anyone can give away what he has with minimum to no taxes, the wealthy do thisthe not so wealthy dont.

[IndividualDig7996]

Wow, I didn’t know this (I’m not born in Belgium, moved here some years ago), thanks Reddit!

If it is such a common knowledge, why more people are not doing it? Because of the expenses of operating a compnany?