United Kingdom: Wealth Management

Most people assume that once a financial settlement has been approved by the court, the matter is finished. The assets have been divided, the paperwork signed, and both parties move on with their lives.

Family Limited Partnerships (FLPs) offer families a sophisticated approach to succession planning by enabling the transfer of wealth to future generations while maintaining control over assets. This structure provides an alternative to traditional trusts, particularly beneficial for families navigating complex tax environments or seeking enhanced asset protection. Discover how FLPs can support long-term wealth preservation through strategic division of economic interests and management rights.

Family investment companies (FICs) are increasingly being used as succession planning vehicles as an alternative to traditional trusts. This video explores how FICs enable families to transfer wealth to future generations while maintaining control, examining the tax efficiency, governance structures, and practical considerations that determine whether a FIC is the right choice for a family's circumstances.