In the last two decades, Brazil witnessed the emergence of new wealth and achieved unprecedented monetary stability. This was a result of intense economic activity and the opening of new markets. Individuals and families who generated such liquidity were faced with the challenge of how to manage their wealth due to a new gift tax, changes to the rules on limited partnerships and marriage regimes, the volatility of the financial system and the interdependence of markets.
This new scenario introduced a unique demand for Family Wealth and Management services, including the preparation of prenuptial agreements, common law marriage agreements and wills, provision of legal advice on divorce issues, inventories, interdiction and custody. The practice portfolio also includes cases of wealth organization within the scope of tax, inheritance and protection planning involving funds, real estate, equity interests and all types of physical assets and financial wealth located in Brazil and abroad.
In a country where 80% of medium and large corporate groups are family-owned, the Family Wealth and Management practice has actively suggested and implemented new corporate governance regimes for those groups. Our work includes the structuring of family holding companies and boards of directors, as well as preparation of shareholder agreements, in order to provide greater stability for business groups and ensure management and ownership succession for the blood heirs of the company’s founder.
Finally, Mattos Filho’s Family Wealth and Management professionals act as mediators in conflict resolution and in disputes between partners and their families in an effort to prevent a break-up, which often has a devastating effect on family ties and result in huge losses for the company.