However, you now have a mountain of paperwork to complete and lots of questions in relation to the funds you will be using to facilitate your purchase. Suddenly your exciting property purchase seems far less fun and a rather daunting and laborious experience. You might be asking yourself why so many questions? For those who
We are aware that some businesses including farm businesses are family-owned. We understand the importance of succession planning within such family businesses to ensure that the assets of the business pass amongst the family in the most tax-efficient manner and regularly advise on both Agricultural Property Relief and Business Property Relief for Inheritance Tax planning purposes.
Similarly, we recognise the importance of “asset protection” and are able to advise on the advantages and disadvantages of moving assets to younger generations and further able to advise on secure ways in which business assets can pass to younger generations.
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