PAM Guide to Wealth Management


One method in which you can control the way in which you pass on your assets to the next generation is through the use of companies. As an example, you may establish a family investment company and gift some shares to your adult children, whether at incorporation, or gradually over time. This gives you control over when assets are inherited and in what proportion by your beneficiaries.

If you are concerned about maintaining control over the investments, you could gift non-voting shares as a PET, meaning you maintain voting control, but give away rights to receive, for example, dividends from the company. If you live seven years, the shares are exempt from IHT. This type of planning has its complexities, but can be flexed to meet different needs, so advice should be taken before implementation.

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The PAM Directory is a comprehensive guide on comparative data focusing on asset managers, investment managers, private banks, stockbrokers, wealth managers and multi-family offices, who provide discretionary and/or advisory portfolio management services for private clients.

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