Individual Matters autumn 2018

Welcome to the latest issue of Individual Matters. It offers a wide range of subjects – there will be something here, we hope, for everyone.

Fresh perspectives on the use of Lasting Powers of Attorney

Rights of residence – should you ‘bank’ your status while you can?

Government review of inheritance tax

Shrinking time limits for paying capital gains tax on disposal of residential property

Capital gains tax planning for development land

Horseracing and bloodstock

Does a will pass ‘the smell test’?

UK citizens in the US: the domicile trap

UK property continues to be a target for tax and greater transparency

International Insights

Team news

It is a striking fact that any given individual or trust is likely to need advice on a much more diverse range of issues than might at first appear – though that should hardly surprise us given how multi-faceted our lives are. For example the classic landed or farming estate needs to focus not only on the property aspects but also on other ‘secondary’ aspects which can be equally vital to maintain financial health and create a workable, practical structure to pass on, whether this is through a sale or to later generations of the family.

In a similar way, an individual or trust whose profile includes international aspects needs well-rounded advice. Good tax planning in all relevant jurisdictions is of course fundamental, but a structure that adapts to the changing international scene to preserve wealth for future generations is also a ‘must-have’. Click here to subscribe to our new blog, International Insights, to get regular short briefings to keep you up to date in a swift-changing world.

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Enjoy this issue!