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A commentary on inheritance tax case, Routier v HMRC

The Supreme Court today handed down judgment in a rare and important Inheritance Tax (IHT) case which has wide-reaching consequences for taxpayers and charities in the UK, Jersey and worldwide. The Court allowed the appeal by trustees of a Jersey …

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Decrypting a digital world

An overview of some of the key areas of interest in relation to cryptoassets, their legal treatment in the UK, and how they should be considered in tax and estate planning.

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Why might a trust be of benefit?

A guide considering the many reasons and many circumstances where a trust might be of benefit.

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Can I create a trust fund for alternative investment profits?

I invest in alternative investments, including watches and jewellery, and am becoming quite successful. I would like to channel the profits into a trust for my two young children. Is this the best way to safeguard the money for them? …

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James Austen

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Why might a trust be of benefit?

There are many reasons and many circumstances where a trust might be of benefit. It is a relationship in which one or more people (the trustees) holds and manages assets for the benefit of one or more other people (the …

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Office of Tax Simplification publishes recommendations to simplify inheritance tax

While these amendments do not go so far as to shake the foundations of the tax itself, nevertheless the proposals would require all practitioners to come to terms with the amendment of a number of rules that have stood firm …

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Trusts for business owners

For clients who own trading businesses, trusts can be useful succession and tax planning vehicles to ensure the preservation of our clients’ wealth.  For example, it may be possible to transfer shares in a business into a trust free from …

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Trusts for future generations

Where clients wish to provide for their children and grandchildren (e.g. for the provision of school fees), it can be prudent to create a trust of up to the available inheritance tax allowance (known as the nil rate band). There …

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Peter Daniel

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