Family buyouts: A tailored solution to succession planning for trading businesses
Succession planning marks a critical milestone in the life of any family-owned business. For business owners looking to retire while preserving the company’s legacy within the family, a family buyout offers a seamless and effective solution. What is a family buyout? A family buyout involves passing a business on to the next generation while securing […]
Unlocking wealth preservation: The power of family investment companies (“FICs”)
In the realm of wealth management, the savvy investor is always on the lookout for strategies that combine financial flexibility, tax efficiency, and legacy preservation. Enter the Family Investment Company, a sophisticated operating structure that holds the promise of safeguarding family wealth for generations to come. At its core, a FIC is a vessel through […]
Pre-sale trust planning
If you are a business owner who is considering selling your trading company, you may be looking for ways to maximise your tax benefits and protect your assets. One strategy that you might consider is transferring your Business Relief qualifying shares into a Discretionary Trust before the sale to a third party. Here’s what you […]
