Case Study: Sandra Daniells

The following case study illustrates the utilisation of a Family Investment Company (FIC) with a view to mitigating Inheritance Tax, protecting the
family legacy, and continuing to make profitable investments, without the
the threat of a huge tax bill.

Sandra Daniells


Sandra owns a successful care home business which regularly has excess cash sitting dormant within the company account. She has owned investment properties for several years herself, but also recently inherited her late husband’s estate, also including a number of investment properties. With two sons, it was imperative for Sandra to find a solution for mitigating the Inheritance Tax her sons would otherwise be liable for. The key for Sandra was protecting both her own and her late husband’s legacy, for their children. TLPI explained how she could do this with a Family Investment Company.

Whilst Sandra already has previously purchased investment property, she is keen to continue with property investments in the most tax efficient manner she can, as well as protecting existing assets for the benefit of her family.

The Situation and Goals

As protecting her late husband’s legacy was one of Sandra’s key priorities, she started her journey with some general research into Inheritance Tax and how to reduce this liability. At this point, Sandra explains she “couldn’t find much information. I spoke to a few companies about mitigating Inheritance Tax, but they were not very useful. A couple suggested I take out life insurance, but the premiums versus the returns were far form favourable.”

Sandra had been investing in property for several years, meaning she was familiar with the asset class and knew it to be a profitable option. Additionally, with excess cash sitting unused in her limited company, she knew there could be a better use for these profits.

Sandra was looking for a solution that achieved three main goals:

  1. Protecting her late husband’s legacy and her own for their children
  2. Protecting her company surplus and investing it profitably, but without huge tax liability
  3. Increasing investment opportunities to grow her own wealth for use within her own lifetime

After doing extensive research Sandra was still cautious “I know that there are a lot of people out there looking to get your money. Over the years, I have had many calls from companies asking me to invest, but when you look them up, they don’t even seem to have their own premises…” Sandra then approached TLPI, where she spoke to Jordan, one of the Senior Corporate Investment Consultants, about the Family Investment Company structure.

The Approach

TLPI’s aim is to understand an individual’s situation through an initial free consultation. This aims to cover what the client is trying to achieve and how we can remove the pain points taking up their time, energy, and resources.

After speaking to Jordan and explaining her situation, it became obvious that the FIC would be the perfect vehicle to help Sandra achieve each of her goals. She would be able to retain control of her funds and assets, whilst continuing to invest accumulate and protect wealth. By naming her sons as beneficiaries, they become part of Sandra’s Family Investment Company, thus removing inheritance tax liabilities.

Working with our clients, we aim to:

  1. Understand their personal situation
  2. Apply expertise and knowledge of over one thousand tax benefits and subsidies available to company directors
  3. Provide the knowledge and understanding needed to make informed decisions about ALL their wealth assets and options
  4. Apply 360° strategies to mitigate tax liability
  5. Achieve the control and flexibility required to leverage current wealth to grow the business and assets
  6. Free up time, by consolidating the many areas of the business and personal
    financial situation into one strategy for optimising tax and growth


The Family Investment Company is designed to protect family wealth from excessive Inheritance Tax charges by separating it from the estate and putting it in trust, which was exactly what Sandra was looking for. In addition, it facilitates moving the excess cash from her successful business into this ring-fenced environment. As a result, the Corporation Tax bill for her company is minimised and the threat of losing Business Property Relief (BPR) and paying a 40% HMRC bill is gone.

Unlike a traditional trust, the Family Investment Company offers more flexibility and control over the funds and what to do with them. Using this pot, Sandra can also invest and grow her wealth. She was already relatively familiar with property as an investment option from previous experience with buying and owning property but added that “Jordan was great in explaining the other different HMRC compliant asset classes and types of investments that could be made using a FIC.”


TLPI offer a free, no-obligation consultation to get the full picture of a client’s situation and provide them with their options. Each client receives their own dedicated consultant who takes the time to assess the client’s situation and advise on whether the structures that TLPI offer would be appropriate, and if so, how to best tailor them to the individual’s circumstances.

Sandra and her accountant were next invited to attend a Zoom consultation of which she recalled “Jordan gave me the knowledge and information to decide if I felt comfortable with the product. He explained, “If the product is not right for you, we don’t pursue it,” which gave me a degree of confidence – he wasn’t pushy!”


Sandra used her excess company cash, which at the time was sitting dormant in her company, to start her Family Investment Company. TLPI are registered with HMRC to set up these structures on behalf of our clients.

As a limited company director, Sandra was also eligible for a Small Self-Administered Scheme (SSAS) which she took out at the same time as her Family Investment Company. Combining the two innovative products creates the ultimate tax planning solution. The SSAS can receive profits from the Family Investment Company without facing tax penalties, among other benefits of integrating the two.

The Result

Sandra has started using her Family Investment Company to make further property investments. She recently purchased a holiday let in the Isle of Wight which now earns her income as a sub-let, but can also be used for her own stays as and when she chooses.

Most recently, Sandra explored the option of hands-off property investment. This can include loans to developers or other less time consuming and complex ways of leveraging the knowledge of those with more experience. Typically, this form of investment offers fixed returns over a set number of years.

Whilst property is the asset class Sandra is most familiar with, having had previous property investment experience, she is also open to other investment options going forward and is learning about the choices available
to her.

The investment capabilities of the FIC are certainly an attractive factor, however, as mentioned, Sandra’s priority was mitigating Inheritance Tax for her sons. Through the FIC, Sandra has peace of mind that her assets and wealth are held outside her estate, thus free from Inheritance Tax for her sons. As beneficiaries of the FIC, their interests are protected should the worst happen. Going forward, Sandra hopes to also integrate her husband’s investment property into the family tax planning strategy.


For those in a similar position, especially those looking to avoid a hefty Inheritance Tax bill for their families, Sandra recommends that the Family
Investment Company is well worth learning about: “My accountant didn’t know about this product, so it is worth doing the research, and speaking to people like TLPI if you have questions. Good advice saves you a lot of money in the long run!”

Jordan suggested Sandra invite her accountant to join the Zoom meeting to save her time explaining the product to him and allowing him to ask his own questions. It is paramount that the client is comfortable with the strategy and fully understands the products before making the decision as to whether or not it will suit their personal financial situation.

The Family Investment Company can be used as a multi-generational product – protecting family wealth for future generations. As part of Sandra’s Family Investment Company, her sons have learned of the options that this product offers to protect their own legacies, should they choose to.

Thank you to Sandra for sharing her Family Investment Company story. At TLPI our consultants are experienced in property, investment strategy and pensions. We are registered with HMRC to set up Family Investment Companies and SSAS pensions. Each of our clients’ situations are different and require bespoke approaches to achieve the best outcome. Our aim is always to understand your personal situation and provide advice and support that fits around your aims and goals. The product has to be a fit for your own situation and so knowledge is key to choosing a tax plan and strategy that suits you and your family.


Our clients rate us as 5 star, here’s what they say:

We have recently used this excellent company to set up a Family Investment Company. The complete process was seamless with our personal contact Jordan Sharpe explaining all the steps along the way in a very confident and professional way. They really do deserve this 5 star review.
Keith Jones
Keith Jones
Tlp have been fantastic with there advice and help in setting up my retirement plans , putting structures into place to help with future generational hand over of assets, great advice from Jordan Sharpe, easy to deal with and always on hand for help when needed, well done all, 👏 ✔️
Stewart Yardley
Stewart Yardley
Trustworthy Financial Advice with an Eye on the Future. I recently sought financial advice, and trust was my top priority. TLP not only met my expectations but exceeded them. Although their product didn't suit my current needs, their dedication to providing comprehensive information and support left me confident in utilising their services in the future. TLP's commitment to customer satisfaction was evident from the moment I approached them. They patiently and thoroughly discussed all available options with me, ensuring I understood the pros and cons of each. Despite not making an immediate sale, they generously shared their time and expertise, demonstrating a genuine interest in helping me make the right decisions. What impressed me the most about TLP was their transparent and honest approach. They didn't try to push any product on me that wouldn't serve my current financial situation. Instead, they focused on empowering me with the knowledge I needed to make informed choices. Their willingness to prioritise my needs over immediate profits spoke volumes about their integrity. I left my interaction with TLP feeling informed, confident, and assured that when the time is right, they will be my go-to financial advisory service. The trust they have established with me through their professionalism, dedication, and genuine care for my financial well-being is unparalleled. I have no hesitation in recommending TLP to anyone seeking trustworthy financial advice.
Robert Sidebottom
Robert Sidebottom
I was looking at setting up a Family Investment Company, during which I’d paid more than a few hundred pounds for a couple of Consultations. After which I’d received some rather expensive quotes for setting it up, as well as getting lots of complexed information about the process. Then I eventually stumbled across TLP while doing some related research. I was pleasantly surprised and more than pleased that they offered a No cost consultation. During which Lewis Jones, was able to simplify all the information and subsequently provide a much more realistic quote for the process. Not to mention the first year’s company accounting services that came for free and the ongoing advice from Lewis. Which has not only been financially beneficial, but as proved to be a great source of knowledge and education, responding to all my questions promptly. With my background not being in the financial and investment sector, his clear explanations put in a context that I was able to understand, has been invaluable.
Geoff Saunders
Geoff Saunders
Great support all the way through the process very professional good knowledge and friendly service. I would highly recommend
Andew Clymo
Andew Clymo
From the start of the transfer to the end TLP have been always available to me, they have kept me informed throughout the process and offered help and guidance when required. Excellent service that is highly recommended
Andy Page
Andy Page
Now fully set up with a Landlords pension and very pleased with the overall service. Only delays were with AVIVA not playing ball but now all done and set to earn significantly more than with AVIVA. Jordan Sharpe was knowledgeable and guided me through the whole process with a professional and friendly approach. Morwena (assistant) was again very friendly and together made the process a simple one. Looking forward to a better retirement (eventually) thanks to TLP.

Want your questions answered by our expert Family Investment Company consultants?

Book your free, 15 minute no obligation call to find out more!

book now