The Company Preservation Trust (CPT) Framework is a comprehensively designed solution for clients with qualifying Business or Agricultural Assets and other estates assets. The framework can deliver significant additional tax planning opportunities, which are frequently overlooked as well as protective family succession. The frameworks are typically family controlled and use Trust and Will precedents developed by our legal partners.
The Company Preservation framework consists of Business Planning and is always created with either an appropriate Legacy Protection Plan or Bullion Trust Plan. In this way the same protective principles are maintained for the entire estate of a client. Life Assurance Trusts and Cross Option agreement services are also recommended. The Company Preservation Framework represents leading edge planning and helps to deliver significant benefits to clients and differentiates the business assets for enhanced legacy protection. It provides an opportunity to significantly enhance tax savings while also offering the opportunity to capture valuable Business Property Relief. Where the value of a business on death can often end up being subject to Inheritance tax. This structure allows for the ring fencing of business value and potential savings of up to £40,000 for every £100,000 of value directed through trust.
The CPT Framework is always created during the lifetime of the clients with a £10 Trust Fund in each Trust. The framework planning does not require clients to transfer business assets into Trust during their lifetime unless it forms part of specifically required planning. Once established the advanced framework is flexible and allows clients to easily change the manner in which the
estate is treated.