Personally I'd get a 5DII instead of 5DC, but my needs might be different than yours and it's certainly cheaper to consider the classic model.
While the AF and metering systems are essentially unchanged, 5DII has self-cleaning sensor, 14 bit vs 12 bit, nicer LCD (bigger, brighter, higher resolution), mirror that's more securely affixed, ISO range that goes three full stops higher (25600 vs 3200), Live View and other features that make it worthwhile IMHO. I don't use it personally, but you might appreciate it's HD video too. It's also about 3 year old technology vs 6 year old. 5DC is a couple years older model than your 40D. So I'm not sure I'd call it a big upgrade to go to 5DC.... Though it would be to go to 5DII.
Not that 5DC isn't a really capable camera, if you can find a good, solid, low mileage copy that's had the mirror fix done. I'd also suggest trying to keep your 40D and adding the FF camera, instead of replacing it.
You don't need to build a whole new kit of lenses for use on FF.... You really only need to add one lens... wide angle. I don't use an UWA zoom on FF.... Instead I use 20/2.8 prime. That's plenty wide for me and has less distortions. There are various other options, of course.
Your 50/1.4 and 85/1.8 will work very nicely on FF. Personally I consider 135mm an essential focal length on FF and Canon's f2L is a superb lens. I ordered one the same time I got the 5DII.