Course description
Family investment companies (‘FICs’) are undoubtedly the in-vogue estate planning vehicle, but are they here to stay?
There are known changes to tax rates coming in over the next few years and a raft of potential threats that advisers could face and so getting the basics of these structures right is crucial.
Presented by Katharine Watson, a senior associate at Mills & Reeve with a wealth of experience in this area, this webinar will explore when a FIC is appropriate for a client and when a personal investment company, a trust or a partnership may be the more suitable vehicle; review the pros and cons of how FICs are structured, with a look at the anti-avoidance legislation that may trip you up; as well as discuss whether FICs can last the long haul.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Family investment companies (‘FICs’) are undoubtedly the in-vogue estate planning vehicle, but are they here to stay?
There are known changes to tax rates coming in over the next few years and a raft of potential threats that advisers could face and so getting the basics of these structures right is crucial.
The webinar will explore when a FIC is appropriate for a client and when a personal investment company, a trust or a partnership may be the more suitable vehicle; review the pros and cons of how FICs are structured, with a look at the anti-avoidance legislation that may trip you up; as well as discuss whether FICs can last the long haul.
What You Will Learn
This webinar will cover the following:
- Personal Investment Company (‘PIC’) v FIC
- Why do clients choose to establish a FIC and why might a FIC not be appropriate?
- Different ways to structure a FIC including the use of trusts
- Voting shares within FICs - pros and cons
- Funding a FIC and the tax implications to consider (cash/portfolios/properties)
- Anti-avoidance traps
- Adapting a current company into a FIC
- Are PICs and FICs here to stay? What challenges could they face in the future?
Expenses
MBL Seminars Limited
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