SHAREHOLDING TRUST/BUSINESS TRUST
The shares in a company can be held in a trust and in the event of death, those shares will not be included in the calculation of estate duty as part of the individual's estate.
Experts agree that it would be better to place shares into a Shareholding Trust to eliminate the business value, and capital gains tax liability, being included in an estate.
The benefits of having assets registered in a business trust will ensure complete peace of mind.
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