Tax and trust considerations are often critical in structuring a financial settlement on divorce
Matrimonial disputes have the potential to call upon all the skills of the experienced accountant ranging from tax and trust advice, to valuation services, to ascertaining the assets and liabilities and other available resources of each party.
Tax and trust considerations are often critical in structuring a financial settlement on divorce. This can be so when the interests of both parties are centred on the United Kingdom and particularly so if there is an international dimension to the dispute such as assets held by offshore trustees or one or both parties being not resident or not domiciled in the UK for tax purposes.
With high net worth clients in London, Sussex and across the UK, the approach of Ritchie Phillips in these circumstances is to identify all key tax and trust issues at an early stage. This will enable you to negotiate a financial solution to your matrimonial dispute – a solution which is effective for tax purposes and can be robustly defended against any subsequent challenge from tax authorities both in the UK and in other jurisdictions.