The offshore element

Many of you will have financial interests which span international borders. Even something as simple as a bank account in the Channel Islands or on the Isle of Man will need to be taken into account in succession planning, making a Will or administering your estate and you will need practical and expert advice from us in order to deal effectively with those assets on death.

UK taxation is becoming increasingly complex and for those of you who are foreign nationals but have acquired assets in the UK there is an increasingly tax hostile environment. We are able to deliver to you a sophisticated approach to incorporate family interests, your business and trusts and to advise you on a tax efficient and practical solution enabling you to have peace of mind knowing that your wealth is secure now and for the future.

In certain European jurisdictions, such as France and Spain, forced heirship provisions apply. These create a responsibility to provide for a spouse and for children and could mean that your wishes and succession plans of your estate on death are overruled. Our wealth structuring and inheritance planning lawyers recognise that this may not be what you want and they can assist you in considering how these rules might affect your wishes and the most appropriate structure for your estate planning to limit their effect. 

Our team of experts are able to pick through the complexities of residence, domicile and deemed domicile and will advise you on the implications and the options open to you. There are also different inheritance tax implications if you and your spouse have different domiciles. The term "domicle" does not mean "where you live".

It is important to establish whether the country where assets are located has a double taxation treaty with the UK. If tax has to be paid in both countries upon the same assets it may be possible to obtain a refund. We can explain how this works in practice and whether you will be able to benefit from the double taxation treaty. 

You may need more than one Will to cover your assets worldwide and it is essential that any tax planning undertaken in the UK dovetails with the tax laws of another country so as to ensure that a tax solution in the UK does not give you a tax liability in another jurisdiction. We are able to work extensively with our clients’ foreign attorneys to pick a way through the complexities of making foreign and domestic law mesh with a view to achieving the best solution possible.

Working with you and your family we will advise on: 

  • Double taxation agreements
  • Forced Heirship regime
  • Wills and when you need both a UK Will and a Will in the jurisdiction where the asset is situated
  • Residence, domicile and deemed domicile and the inheritance tax implications of each
  • Appropriate structure for cross border estates for succession planning purposes
  • Trusts and how they apply in foreign jurisdictions

Case studies

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Working with a multi-millionaire polo player on capital tax planning including advising on how to achieve offshore domicile status and the use of trusts in multi jurisdictions. The client had business and personal assets in Germany, Switzerland, Austria and...
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Advising a UK resident client who is a US citizen with large US cash assets and whose spouse was UK domiciled on capital tax planning strategies including the use of a Jersey trust and liaising with the US lawyers on the inheritance and tax effect in both...

Meet the team

Partners

Gary Pick
Partner & Head of Private Client Services Group
Private Client
Poole
01202 339032
0779 381 6843
Private Client
Elizabeth Webbe
Partner
Private Client
Salisbury
01722 426943
07917 710 919
Private Client

Associates

Mihiri Gajraj
Senior Associate & Head of Private Client Southampton
Private Client
Southampton
023 8082 0544
Private Client
James Hammersley
Senior Associate & Head of Private Client Salisbury
Private Client
Salisbury
01722 426952
07467 943446
Private Client
Sarah Richards
Associate and Head of Private Client Poole
Private Client
Poole
01202 339025
Private Client
Martha Swann
Associate
Private Client
Poole
01202 339013
Private Client

Solicitors

Holly Algar
Associate
Private Client
Southampton
023 8082 0515
Private Client
Derek Bryer
Solicitor
Private Client
Salisbury
01722 426912
Private Client
Gary Cox
Consultant
Private Client
Poole
01202 339049
0782 601 9764
Private Client
Arcadius Gregory
Solicitor
Private Client
Poole
01202 338555
Private Client
Laura Stone
Solicitor
Private Client
Poole
01202 339038
Private Client

Chartered Legal Executives

Jenny Shucksmith
Chartered Legal Executive
Private Client
Salisbury
01722 426973
Private Client

Tax Advisor

Paula Arnold
Trusts & Tax Practitioner
Private Client
Poole
01202 339039
Private Client

Paralegals

Rachel Kent
Paralegal
Private Client
Salisbury
01722 426991
Private Client
Jodie Sainsbury
Paralegal
Private Client
Salisbury
01722 426970
Private Client

Legal Secretaries

Sarah Adams
Legal Secretary
Private Client
Salisbury
01722 426941
Private Client
Jane Bilton
Legal Secretary
Private Client
Salisbury
01722 426907
Private Client
Karen Carter
Legal Secretary
Private Client
Southampton
023 8082 0452
Private Client
Sarah Cobb
Legal Secretary
Private Client
Poole
01202 338558
Private Client
Jane Fielding
Legal Secretary
Private Client
Poole
01202 339006
Private Client
Rachael Francis
Legal Secretary
Private Client
Salisbury
01722 426941
Private Client
Ali Malone
Legal Secretary
Private Client
Salisbury
01722 426972
Private Client
Sandra Ross
Legal Secretary
Private Client
Poole
01202 339040
Private Client
Hayley Stack
Legal Secretary
Private Client
Poole
01202 339004
Private Client
Sonja Vine
Legal Secretary
Private Client
Poole
01202 339036
Private Client

General Staff

Helen Glatter
Chartered Accountant
Private Client
Poole
01202 339041
Private Client

Office Administrators

Kristine Neilande
Administrative Assistant
Private Client
Poole
01202 339046
Private Client
Emily Thompson
Administrative Assistant
Private Client
Salisbury
01722 426982
Private Client