SIFA Professional: IHT Planning Masterclass – Trusts vs Family Investment Companies

Given the proposals to extend inheritance tax (IHT) to most pension funds and death benefits, we will compare trusts and family investment companies as possible solutions for IHT and intergenerational planning. We will focus on the tax treatment of these arrangements along with various other important non-tax related factors.

We will also revisit the normal expenditure out of income exemption for clients that want to drawdown their pension to make regular gifts from surplus income. Finally we will look at planning opportunities in relation to preserving the residence nil rate band.