Advised on UK tax aspects and co-ordinated the structuring of the purchase and use of a plane and a New York apartment for a UK resident non-domiciled individual. Working with lawyers and trust professionals in many time zones and with different specialisms brings its own challenges.
Advised a Swiss family office on the structuring of an investment in UK commercial real estate - working within a multi-disciplinary team of colleagues with expertise in commercial real estate, corporate law and banking law to structure and document the funding arrangements to avoid triggering a taxable remittance to the UK by the principal.
Advised the trustee of a Jersey trust, working alongside US colleagues, on the conversion of that trust to a grantor trust for US tax purposes while walking the fine-line to preserve the favourable tax regime of the trust for UK tax purposes and avoiding triggering UK tax issues on the conversion.
In the context of a potential attack by Government officials in a country experiencing a period of political instability, carried out a review of every level of a trust structure to identify pressure points and implemented recommendations to address the risk areas.
Advising many clients and trustees on the steps to take prior to the non-dom reforms, particularly in relation to trusts established by individuals who became deemed domiciled for all tax purposes on 6 April 2017.
England and Wales, 2006
‘Stress-Testing’ Trusts In An Unstable World, WealthBriefing - August 2016
The Society of Trust and Estate Practitioners (STEP)
Yorkshire Law Society