Family Investment Companies don’t trade; they invest. Accordingly Inheritance Tax (IHT) ‘Business Property Relief' will not be available to shareholders. Nevertheless, they can be used by High Net Worth individuals for IHT planning. On this session, Graeme Robb, Senior Technical Manager explained why they can be used as part of an IHT planning strategy, and how they compare to discretionary trusts which have traditionally offered flexibility for IHT planners.