A Complete Guide to Family Investment Companies (FICs)
This article discusses Family Investment Companies (FICs) as tax-efficient structures that provide strategic wealth transfer with control over assets, flexible share types, and considerations for inheritance and corporation tax. It explores the balance between benefits and drawbacks for effective financial...
How to Set up and Manage Family Investment Companies
This article explores the tax-efficient approach of a Family Investment Company (FIC) for intergenerational wealth transfer, covering key considerations like asset introduction, company type, and share class. It delves into strategic management using structures such as interest-free loans and discretionary...
Family Investment Company vs Trust- Which is Beneficial For You?
This article discusses the growing preference among high-net-worth individuals for Family Investment Companies (FICs) in tax and succession planning, highlighting their advantages over trusts, including deferred inheritance tax, flexible funding options, lower tax rates on income and capital gains, and...
Pros and Cons of Family Investment Companies
This article discusses the Family Investment Company (FIC) as a strategic wealth management tool with tax advantages, control, and asset protection for intergenerational wealth transfer. It emphasizes the need for careful consideration due to potential drawbacks, including tax inefficiencies, administrative...
A Brief Understanding of Family Investment Company
The article highlights the appeal of Family Investment Companies (FICs) for high-net-worth individuals, outlining their role in tax and succession planning through private limited structures that facilitate efficient wealth management and intergenerational asset transfer, with a focus on key tax...
