We work closely with private individuals and families – but no one client is the same. Clients come to us with their own particular issues to discuss and whilst many are at similar stages in their life, their personal circumstances always vary.
A significant proportion of our work is for clients we have advised over many years, are too numerous to detail and whose details are, in any event, confidential.
However, by way of a typical example please see brief summary below:
- Vulnerable Beneficiaries: Advising a long standing client on various family trusts created over the last 20 years. Including 10 year anniversary charges. Family concerns due to vulnerable beneficiaries and we helped the client to make difficult decisions ensuring the protection of the assets for the next generation.
- Lifetime Gifts: Applying expert knowledge and experience of trust tax and estate planning to provide an analysis for the client comparing two alternative options for funding lifetime provision for her sons (from the estate or from the trust of life bonds) allowing her to make informed and tax efficient choices to best achieve her objectives. Making the complex simple for the client to understand and act upon. Providing pragmatic advice focused on client’s circumstances and objectives.
- Overseas assets & second marriage: Acting for the shareholders of a highly profitable business, each with substantial personal assets. As well as having complex business interests, the matter involves assets overseas and involved family set-ups including second marriages/unmarried cohabitees, step and adopted children and disabled beneficiaries. The advice given covered IPDI and discretionary trusts to capture business property relief from inheritance tax and the wills required intricate drafting.
- Shares & tax planning: Acting for a senior executive with substantial assets dealing with complex issues relating to the valuation of a minority shareholding, trust issues, contested multi-million pound HMRC tax avoidance clawbacks and complex valuations of commercial premises.