For those advisers with wealthy clients looking to pass down assets to younger generations, Family Investment Companies (FICs) can be a potential solution particularly where using trusts is not a desirable option. However, FICs can be complicated with a range of different structures that can be used and questions like ‘how to manage control’ or ‘what happens on death or divorce?’ never far from the clients’ minds.
In this informative course, our expert Michael Budden, gives a thorough explanation of the ins and outs of FICs to ensure that you feel comfortable discussing these as an option with your clients.
Topics covered include:
How to set up a FIC
Suitability of FICs for the particular circumstances