Inheritance tax planning ideas for family business, property and land owners
Private Client Partner, Guy Abrahams and Associate, Charles Hancock share their inheritance tax planning ideas in an article for CampdenFB.
The article explores general lifetime planning opportunities as well as three specific examples:
- Family businesses: How to pass the value to the next generation while ensuring a balance of control
- International families: How to protect family members living in the UK from an IHT headache
- Development land: Transfer the land into a company at the embryonic stages
To find out more, read the full article here and do get in touch with Guy or Charles.
From growing a business to starting a family or handing over control of that business to the next generation, every individual has their own goals to aspire to. Our Private Wealth lawyers advise our clients throughout this family life cycle, providing the legal advice required for specific transactions such as purchasing a home or selling a business, whilst also advising on the long-term opportunities for succession and estate planning.