Client Stories

Creating an Excluded Property Settlement

Creating a UK resident family trust for a UK resident foreign domiciled individual to make financial provision for his children as they completed their education and become independent of their parents.

Contentious Trusteeship Appointment

Appointment as a trustee of a family trust by order of the High Court after beneficiaries lost trust and confidence in my predecessor trustee. Taking steps to stabilise the financial position of the family trust to provide regular income to the principal beneficiaries. Worked with investment managers to develop investment strategy for the family trust. Worked with lawyers to develop estate planning approach for the family. Outcome has been long term financial stability for the beneficiaries.

Complex Trust Administration

Dealing with all tax aspects for a family with “new money” comprising 20 individuals over three generations. The work included administrating the 15 family trusts including preparing all trust accounts and tax returns and overall wealth statements for each branch of the family.

Complex Disposal for Capital Gains Tax

Providing a financial and taxation analysis for an entrepreneurial family disposing of their shareholding in a family business for £200 million and the Capital Gains Tax deferral claim on the reinvestment of part of the proceeds into the new family business.

Tax Advice for a Rural Landed Estate

Acting for a “rural” landed estate in the long standing ownership of a family and their trustees. Tax advice included the sale of land with development potential, Inheritance Tax planning to pass the estate from one generation to the next and advising on conditional exemption for estate duty and Inheritance Tax purposes for nationally important works of art.