Planning your estate
You wisely followed advice and put your business property into your pension.
Now, when you die, 100% of the value of your property will be subject to 40% inheritance tax.
Whoever inherits your estate will have 6 months to settle the bill - 40% of the value of the property, in cash to HMRC or face interest penalties.
You can avoid this situation and we can do the work for you. There are 3 useful options we can help with, and we commit to resolving this within in 90 days.
Sell your property outright
We will buy your property
Your pension can sell the property to a 3rd party to generate cash in your pension
The sale is free of capital gains tax.
Your pension has liquidity from which you can draw income.
Your pension has cash, so that cash is available to future tax liabilities or invest in marketable securities.
The future problem is IHT solved and you no longer have to worry about it.
We will buy your property.
If your families trading business operates from your property, our specialist fund will offer covenants to ensure the business can continue to operate from the property.
Create a Family Investment Co.
We will establish a FIC and finance your acquisition of your property
Your pension can sell the property to a Family Investment Company (FIC) established by you
The sale is free of capital gains tax.
The property will now be eligble to business property relief under inheritance tax
Your pension has liquidity from which you can draw income.
Your pension has cash, so that cash is available to future tax liabilities or invest in marketable securities.
You remain in control of the propery and it stays in your family's ownership.
The future IHT problem is solved and you no longer have to worry about it.
We will establish a FIC for you.
We will do all the ongoing reporting, companyies house & reporting.
We will lend your FIC the money to buy the property from the pension (either as a mortgage or a bridge loan).
We can also provide money for the equity portion to facilitate the mortgage transaction.
The sale is free of capital gains tax.
The property will now be eligble to business property relief under inheritance tax
Your pension has liquidity from which you can draw income.
Your pension has cash, so that cash is available to future tax liabilities or invest in marketable securities.
Your business takes control of the propery.
The future IHT problem is solved and you no longer have to worry about it.
Establish a Property Co.
If your family business operates from the property, your pensoin can sell it to a new Property Company (Prop Co)
We will finance your new property company's purchase of your building
We will lend your business' Prop Co the money to buy the property from the pension (either as a mortgage or a bridge loan).
We can also provide money for the equity portion to facilitate the mortgage transaction.