A family investment company can be a very flexible vehicle for transferring value within the family and down generations.
Typically a company is set up to hold investments such as property, quoted shares, bullion or other valuable assets.
The structure of the company is carefully crafted, often with different classes of share that can be owned by different family members. These may include non-voting shares where appropriate.
Each family has different dynamics and the exact rights of the individual share classes needs to be tailored to the individuals concerned and the requirements of the client.
With the tax regime for trusts becoming very costly, family investment companies are becoming far more popular as a way of passing wealth down the generations but retaining control.
Gritstone can provide bespoke planning around a family investment company to maximise the available advantages.