Considering options for the future of a family business

By Amanda Simmonds, Senior Associate and Family Business Specialist at Lupton Fawcett.  It is never too soon to consider what happens to your business if you retire or die. Even if you mean to sell your business in your lifetime, do you wish to share the cash proceeds with your family? There are inheritance tax advantages in making gifts of shares, rather than the proceeds, while inheritance tax business property relief (“BPR”) is available,  though  you will need to carefully consider the effect the gifts will have on cap... For the full story register now for free or login below...
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