Tag: estate planning

Estate Planning

Nicole Marmor and her team were recently involved in a complex domicile matter where the husband was born in South America, lived for some time in the US and then moved to the UK. He subsequently moved back to the US and until recently had both UK and US citizenship although the US citizenship has …

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 …

Private Wealth

Sherrards’ private wealth team recently worked with a high net-worth individual on a declaration of trust made by a company based in the British Virgin Islands, with beneficiaries in Kenya and properties in the UK. In this case, the team were asked to add a beneficiary to the trust and then terminate it. It was a …

Inheritance tax and the Residence Nil-Rate Band (RNRB)

As we reported in 2015, a new RNRB is being introduced from 6 April 2017. The previous blog goes into detail about how the RNRB will apply to estates, this post will focus on recent developments. The “Residence” The property doesn’t actually have to be the deceased’s main residence or owned for a minimum period. …

Brexit Untangled: What do British and Non British individuals need to think about when leaving the UK?

Considering leaving the UK or emigrating? Below are four points your will need to consider: 1. Your UK estate If you have land or property in the UK you should have a Will which deals with that property. Ideally your UK Will should cover the entirety of your UK estate and should work in conjunction …