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.

Key contacts:

Photo of Nicola Edmondson

Nicola Edmondson

Senior Associate Private Client
Work 37-41 Bedford Row London WC1R 4JH United Kingdom Tel: +44 (0) 20 7611 2382

Biography

Nicola joined the Private Client department at Teacher Stern in 2014 having previously trained and qualified at Barlow Robbins LLP.

Nicola has wide experience in personal wealth management and estate planning for individuals, including Will drafting, inheritance tax mitigation and the use of trusts. She also advises on probate and the administration of estates and all aspects of trusts, including those with international dimensions.

Nicola deals with all aspects of Court of Protection matters, contentious and non-contentious, such as Lasting Powers of Attorney, Deputyships, Statutory Wills and other issues surrounding mental capacity, the protection of assets and health and welfare.

In addition Nicola advises individuals, families and businesses to achieve their philanthropic aims, advising on the creation of charitable entities, registration with the Charity Commission, governance, risk management and all other administrative issues connected with charities.

Year of qualification: 2009

Education
University of York – Politics BA (Hons)
University of Leeds – Law LLM (Merit)
BPP Law School – LPC (Distinction)

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37-41 Bedford Row London WC1R 4JH United Kingdom