Question about overseas pensions in general

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IloveJapan
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Joined: Sun Jan 07, 2018 2:03 pm

Question about overseas pensions in general

Post by IloveJapan »

Hi guys,

I remember sb in the forum posting a story about a Japanese woman who inherited her husband’s social security pension from the US, and was surprised when she received a large tax bill.

So my understanding is that her case relates to a state pension. I am wondering if the same treatment would apply to a private pension?

I know that in the UK private pensions can be inherited free from IHT, but if sb in Japan inherited such a private pension how would that be treated?

I have never inherited a public pension or private pension, but given that I have a parent in the UK I’d like to know for reference or information purposes.

Maybe I should make sure I never inherit a pension in the future?

Thanks!
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