Leaving a legacy for the children is often a main priority for property investors. Many earnest individuals tell me that they would like to structure their businesses in such a way so that they would, in effect, act as a trust fund. In an ideal scenario, they would like this trust fund to hold their properties and the income generated by these properties, and to pass this over to their children. Of course, they hope that this structure would be tax free – or at least be as tax efficient as possible.
Source: Property Secrets.