The situation
Our clients ran a family business with two subsidiary companies. They were mostly involved with property investments with one subsidiary acting as a trading company.
The elderly parents held a 58% stake and wanted to pass assets to their children who worked in the business.
The aim was to pass the trading side of the group to the two children while gifting away as much of the investment side to mitigate potential inheritance tax.
Find out how we saved the parents around £420k in potential IHT with minimal tax cost.
