News & Views

Estate Planning

The private wealth team, led by Nicole Marmor, worked closely with our corporate team, particularly Keith Robinson and Hayley West in a recent case involving trusts. In this case, the deceased had died in the middle of a commercial transaction to sell his shareholding in several private companies (owned themselves by a parent company). The deceased’s Will created a discretionary trust in which several of the beneficiaries had not been ascertained. The family wished to break the trust and redirect the shares to utilise BPR relief, therefore a Deed of Variation was needed.