My client died in December 2004, having been running his own trading company for the last 25 years. The company owned freehold premises from which it had traded for most of that time.
In preparation for his retirement, it was decided to transfer the freehold, which was worth about £350,000, to a holding company formed for this purpose. The holding company was set up on 31 January 2003 and my client's 100% shareholding in the trading company was transferred to it in exchange for 100% of the holding company. The property was then transferred to it.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.