Nick Wright examines how a family investment company can deliver long-term inheritance tax and succession planning advantages.
This fourth article in a five-part series considers freezer and growth shares, compares family investment companies (FICs) with discretionary trusts and addresses the often-misunderstood position on inheritance tax (IHT) business property relief (BPR).
How an FIC achieves IHT efficiency over time
The principal IHT attraction of an FIC is the
