Trusts (On & Offshore)
Our private client team is well regarded in the London market for the provision of trust advice. The team advises on all aspects of trust law including the creation, use and variation of both onshore and offshore trusts.
Our significant experience and expertise in advising a broad range of settlors, trustees and beneficiaries enables us to recommend and create suitable trust structures which take account of the overall tax and estate planning objectives of our clients.
Whilst the tax treatment of trusts has changed a great deal in recent years, trusts can still be an effective tax planning tool and are also useful in protecting assets for minor, or vulnerable, beneficiaries. Whether you are UK or non UK domiciled, trusts can therefore play an important part in the management and protection of your assets and provide flexible wealth planning, family or business solutions.
Our Private Client team offers advice and assistance in establishing trust structures and their ongoing management. This includes both on and offshore lifetime trusts and including testamentary trusts as part of your Will. As well as advising on their structure, we can assist by acting as trustees, or advise trustees and beneficiaries on their duties, obligations and rights. We can also assist and advise on the administration of the trust itself and deal with contentious issues if required.
Representative Trusts (On & Offshore) Work
Examples of our team’s trust work include:
- Advised on the establishment of offshore trusts for minor beneficiaries and for mitigating taxes in multiple jurisdictions.
- Advised on the establishment of lifetime trusts to mitigate UK inheritance tax and plan for future generations.
- Advised trustees and beneficiaries on UK inheritance tax mitigation and relocation issues.
Elizabeth JonesPartner Private Client
Elizabeth is a partner and heads the Private Client department at Teacher Stern. She deals with all aspects of estate planning, including Will drafting, advising clients in relation to inheritance tax planning, obtaining probate and administering estates and preparing Lasting Powers of Attorney.
Working mainly with high net worth individuals and entrepreneurs, her clients are both UK and foreign domiciled. She advises on all aspects of inheritance tax mitigation, including structured lifetime planning, tailored and tax efficient Wills, succession planning and establishing trusts. In addition, she has developed specialist knowledge in relation to inheritance tax planning for non-domiciled clients using asset protection strategies and offshore trusts.
Elizabeth also has experience in administering large, international estates. This has involved dealing with a range of assets in various international jurisdictions, as well as tackling complex succession and cross border inheritance tax issues.
Year Qualified 2003
Education: BPP Law School
37 – 41 Bedford Row London WC1R 4JH United Kingdom