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Client Case Study – Family Limited Partnership

FLPOverview

We were contacted recently by a married couple wishing to discuss the inheritance tax (“IHT”) likely to be payable on their valuable but diverse joint estate. The clients contacted us as their accountant had recently made them aware that, as their affairs stand at present, they should prepare for an IHT charge in the region of £2m, which quite understandably concerned both the clients and their family.

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