Originally Posted by Alan Mendelson View Post
OJ lost his cash and non pension protected assets to the Goldmans.

Assets in a pension account have favorable tax treatments.

There are TWO big reasons without even knowing what the pension plan is.
Pensions often have some survivor benefits defined. Spouses continue to receive payment, dependent children, maybe a defined lump sum for early death, etc.
Self directed and owned assets that generate income can be passed to whomever.
Living life lacking personal responsibility often results in one's progeny getting stiffed. But you already got an early start in that department.