Trusts & FICs Archives

Family Investment Companies (FICs) Explained: Tax, Structure, and SuitabilityWritten on January 6, 2026 by Kirk Rice LLP

Key points Family Investment Companies may be suitable for families with substantial assets who want to pass on wealth while retaining control, but objectives need to be clearly defined first. Compared with trusts, Family Investment Companies involve different inheritance tax, income tax, and capital gains considerations, particularly around control and profit extraction. The type of […]
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Free webinar: Why a Family Investment Company might save you on tax & estate planningWritten on November 12, 2025 by Kirk Rice LLP

Join Kirk Rice and Boyes Turner’s experts for a free webinar about Family Investment Companies. Date: Tuesday, 2 December at 2pm Sign up link: Click here to RSVP What are FICs? A Family Investment Company (FIC) is a private limited company used to hold and manage family wealth—typically cash, property, or investments. For some, […]
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Setting Up a Trust: What You Need to Know Before You StartWritten on May 29, 2025 by Kirk Rice LLP

This article explains what’s involved in setting up a trust in the UK, what it might cost, and why expert advice matters. Why set up a trust? A trust can give you greater control over how your assets are used—both during your lifetime and after your death. For many people, it’s a way to […]
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Trusts – What Are They And How Do They Work?Written on May 29, 2025 by Kirk Rice LLP

Trusts – holiday, rental, buy to let, or investment property An unmarried couple are selling their Berkshire home to move into what was their let property. The let property has been owned by just one of them for 15 years and they have instructed their lawyer to change the ownership to joint. This will mean capital […]
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Trusts – Why Are They Useful In Estate Planning?Written on May 28, 2025 by Michael Powell

An example situation to illustrate the use of trusts The grandparents of a client had owned several properties consecutively in Cornwall over more than 50 years, buying a larger one each time their family increased in size. Many family members were regularly using the property and there were many family celebrations held there. Some years […]
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Kirk Rice Blog

Family Investment Companies (FICs) Explained: Tax, Structure, and SuitabilityWritten on January 6, 2026 by Kirk Rice LLP

Free webinar: Why a Family Investment Company might save you on tax & estate planningWritten on November 12, 2025 by Kirk Rice LLP

Setting Up a Trust: What You Need to Know Before You StartWritten on May 29, 2025 by Kirk Rice LLP

Trusts – What Are They And How Do They Work?Written on May 29, 2025 by Kirk Rice LLP

Trusts – Why Are They Useful In Estate Planning?Written on May 28, 2025 by Michael Powell

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