Case Studies - Inheritance Planning 2

Mr S sold his majority shareholding in a business, after which his estate value was £11 million. The sale of the business resulted in Mr S’s estate having far greater exposure to inheritance tax, since business property relief was no longer applicable. Mr S wished to retain control over his capital as well as access to that capital. However, Mr S was concerned at the high level of inheritance tax, which would become due on his estate.

Specialist Solutions was able to restructure Mr S’s investments in such a way as to allow Mr S to invest for tax efficient growth and income whilst retaining the facility to gift the capital but retain control over the investment decisions and to receive a tax-efficient income at any stage in the future to reduce potential IHT charges.