Hopes of bankruptcy-proof provision via a basic pension/ürup pension vanish into thin air

– How creditors can seize complete assets – even without surrender value -.   In 2015, the basic pension, also known as the Rürup pension, will be even more tax-deductible – up to €22,172 instead of the previous €20,000; for married couples, this amount will double. An employee of the German Insurance Association, who is […]

Customers can terminate Rüruprenten and basic pensions at any time

– How insurers use ineffective terms and conditions and sales lies to cancel contracts – New ruling by the Federal Court of Justice confirms general terminability The Federal Court of Justice (BGH judgement of 01.12.2011, ref. IX ZR 79/11) recently ruled: The saved capital in Rürup contracts (also known as basic pensions) is generally not […]

Why private basic pensions often lead to losses for policyholders

A marketing expert remarked: “The best marketing agency is in Berlin – that is, the government”. First came the Riester pension with subsidised allowances, then the increasingly tax-deductible basic pension – also known as the Rürup pension. One financial services provider said: “The shift from state to private retirement provision is a growth market for […]

Basic pensions attachable or not?

Book Gottwald/Mock Enforcement – Commentary on §§ 744 – 898 ZPO with sample applications and actions for legal practice, 7th edition   Link: https://books.google.de/books?id=KQG1CwAAQBAJ&pg=PA1430&lpg=PA1430&dq=%22Fiala/Schramm%22&source=bl&ots=jG0owMluBD&sig=6OLXuF3PhhnLlsDMIRuaOTkQDLk&hl=de&sa=X&ved=0ahUKEwij7MCs0KPSAhVhOpoKHZHODB84ChDoAQgmMAQ#v=onepage&q=%22Fiala%2FSchramm%22&f=false or in here and https://www.haufe.de/recht/deutsches-anwalt-office-premium/gottwaldmock-zwangsvollstreckung-zpo-851-nicht-ueber-literaturtipps_idesk_PI17574_LI3884556.html  

Infinitely high unseizability of Rüruprente or basic pension confirmed

Rürup annuities or basic annuities are in principle not inheritable by contract, as agreed with the insurer, nor can they be properly terminated, lent or sold, nor pledged.   This requirement for tax deduction results from § 10 I No. 2b EStG. Experts of the company “Wikipedia” think that the Rüruprente according to § 851c […]

Lawyer recommends to conclude basic pension (Rürup pension) explicitly with stupid insurance brokers

Rürup pension: As the first lawyer in Germany, the well-known Munich lawyer Dr. Johannes Fiala expressly recommends the search for a stupid insurance agent. The statement is supported by the actuary and co-author Peter A. Schramm. This applies in particular to Rürup contracts, which promise attachment security during the savings phase. Ensure security against seizure […]

Basic pension as a permanent danger of misadvice?

The basic pension is sold by the millions as a tax-saving model. Where documentation is provided at all, however, it is not uncommon for it to lack references to tax burdens in old age, which are precisely when the standard of living is noticeably lowered. This year, up to 22,766.40 euros in contributions can be […]

Are basic pensions unseizable?

Are Rürup or basic pensions attachable? And how are lawyers and insurance intermediaries liable for protection in the event of insolvency? These are the questions posed by attorney Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm in the guest article.   Rürup annuities or basic annuities are in principle not contractually inheritable, as agreed with […]

Doctoral thesis confirms the infinitely high unseizability of Rüruprente or basic pension

– How lawyers and insurance intermediaries are liable for protection in the event of insolvency -.   Rürup annuities or basic annuities are in principle not inheritable by contract, as agreed with the insurer, nor can they be properly terminated, lent or sold, nor pledged. This requirement for tax deduction results from § 10 I […]

New BGH ruling: savings for basic pension must be used before Hartz-IV

A basic pension, also known as a Rürup pension, must be terminated in the event of an emergency   Emergencies abound in a person’s life, such as when a welfare application is imminent. The question of whether a plaintiff is entitled to legal aid under the poor law is also assessed according to the same […]