Business Property Trusts

Description

You may own a business that is eligible for an inheritance tax relief known as Business Property Relief, applicable to most types of trading or service businesses. Under some circumstances this relief may not be fully utilised, resulting in a much larger than necessary inheritance tax bill.

A Business Property Trust is a type of discretionary trust aimed at avoiding this. However, more importantly those people with businesses virtually never plan for the passing on of their shares in their businesses, resulting in unforeseen consequences for the remaining co-owners as well as tax consequences.

Service Details

Locations:
Organisation:
APS Legal & Associates
Service Type:
Advice and Information
Primary Client Group:
Families
Website:

This page was last updated on 02 May 2018

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This page was last updated on 02 May 2018

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Contact Details

Contact Name:
Nicolae Trofin
Telephone:
01424 217871
Email:
nicolae.trofin@aps-legal.co.uk