This course analyses will provisions for clients with various business interests and in particular will look at how business and agricultural property relief can be maximised and also at various common business structures, cross option agreements and succession and tax planning issues.
Various family business scenarios will be used to illustrate the options that are available to family businesses so that delegates will become aware of the kinds of issues they should consider in their role as family business advisors. The course will cover recent cases and legislative changes as well as a wide range of will provisions.
The course will cover:
- * Business executors
- Gifts of businesses
- Gifts of shares and stocks
- Utilising APR and BPR in wills
- Effective use of cross-option agreements
- Trusts of business property
- Gifts of farming interests and special considerations relating to farms
- Administrative and other special provisions