Case Studies - Wealth Strategy 1

Mr J sold his business for £56million. Mr J’s priorities were to ensure a substantial net income, to maintain his lifestyle and to ensure that his capital would grow. His preferred investment was investment property. Mr J was particularly keen to preserve his wealth and to take advantage of tax allowances. Mr J did not consider that inheritance tax (IHT) was a priority at that time but potentially wanted to be able to mitigate IHT in the future.

Specialist Solutions agreed a number of structures with Mr J, which were integrated to achieve his objectives. These consisted of: an investment structure, which provides tax-efficient income, a portfolio which is designed to take advantage of CGT allowances and a property and business ownership structure, which is highly tax-efficient. Also the investment structure, providing the tax efficient income, gives Mr J the opportunity to mitigate IHT in the future, if he wishes to do so.