In considering how to pass on wealth to the next generation, the higher cost and increasingly unattractive tax regime surrounding trusts means people are looking for alternative options.
Partners David Webster and Rebecca Fisher appear in STEP Journal exploring whether a family investment company (FIC) could be a suitable option.
The article, 'FIC to the rescue', first appeared in the May 2018 issue of the STEP Journal.
David is a partner in the corporate and commercial team and advises clients across a range of sectors, including real estate, financial services, professional services and family businesses.
Rebecca is a partner in the private client group advising families and individuals on all aspects of private client law including wills, estate planning, administration of estates, trusts and powers of attorney.
FIC to the rescue.pdf