- Joined
- Jul 18, 2023
- Messages
- 1
- Reaction score
- 0
- Country
Hi,
Curious as to whether this strategy would work and if it's classed as avoidance.
Example: If i owned a UK limited company that dealt solely in property investment and i placed a trust as its director, with me being the settlor and trustee, but the beneficiary being my child.
Would my death result in my child successfully inheriting the directorship of the company and avoid IHT on the companies assets which under normal circumstances would be hit with the full force of HMRC?
Thanks.
Curious as to whether this strategy would work and if it's classed as avoidance.
Example: If i owned a UK limited company that dealt solely in property investment and i placed a trust as its director, with me being the settlor and trustee, but the beneficiary being my child.
Would my death result in my child successfully inheriting the directorship of the company and avoid IHT on the companies assets which under normal circumstances would be hit with the full force of HMRC?
Thanks.