"Here's how we solved a 15 million wealth transfer to children for a tax bill of only 110,000 euro, the secret, capped deferred shares. Our client is a well-known family business worth approximately 9.5 million today. They're leveraged and primed for growth on target to double in value over the next five years and 5X in 10 years. They have two children, no intention of handing over the reins, but looking to the future, they want to transfer the business before it hits 25 million in value. We introduced them to tax planning using a special type of equity, capped deferred shares. I'm going to explain how they work because our USP isn't knowing concepts, it's knowing how to implement. But first, it'd follow if you liked the content. Also, it's great if you'd share. So step one, the parents have to convert their existing ordinary shares into a new class of deferred shares. We have to make sure that in any future sale or liquidation, they're capped. In this case, we chose a maximum payout of 10 million. The parents estate is now permanently frozen. Two, we issued new ordinary shares to the children. We layered these with restrictions. They're out of the money and have very low value. They're not worthless. They hold the hope of future growth. Our option pricing model puts a low baseline on the entire stock, a little over 110,000 euro. Three, we could make the children scrape together enough after-tax cash to buy the shares. We have a better idea. We pay salaries of 220 grand, give 110 to revenue for income tax. The difference, it never leaves the company, it pays for the shares. Boom, the children now legally own 100% of the new ordinary shares, completely clean. When the company grows from 9.5 million to 25 million euro and beyond, all 15 million plus of value accumulates in the children's shares. No tax."