CHAPTER 22

NON-TRUST STRUCTURES

‘Each generation has a duty to commit to a contract between the past, the present and the future.’

Sir James Goldsmith, financier

There is a range of non-trust structures that might be used either in addition to or instead of a trust to hold and control wealth. In this chapter I explain the main non-trust structures,

Family investment companies

We looked at the use of a family investment company in Chapter 16 as a means of holding investments for the wider family and to obtain administration, cost and taxation benefits. However, an FIC also offers significant wealth succession and inheritance tax planning opportunities.

Capital structure

There is total flexibility in how the FIC can be structured in terms ...

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