International clients have specialised wealth and estate planning requirements.
Even with excellent financial advisers in place, it is often our overarching view that is key to executing a durable financial arrangement.
England and Wales and the common law jurisdictions (like the US, Canada, Australia etc) are unusual in that a person’s Will is particularly important, and depending on circumstances, potentially complex.
If assets are held in different countries it is vital to consider the limits of a Will’s effectiveness there.
Tax planning is also a vital concern. We draw on the specialised services of excellent barristers in that area when needed.
Family arrangements can also benefit from specialist legal advice. If a couple are estranged but not divorced, there needs to be careful consideration of inheritance. Sometimes a child may live in a country which has excessive taxation of incoming wealth.
We also handle and advise on disputed inheritances. These often arise where, sadly, the deceased did not fully consider and carry out an estate planning exercise.
Our knowledge of international problems means that we can identify issues and co-ordinate advice from other professionals such as accountants, tax counsel and independent financial advisers to craft a robust and practical framework for the family’s future wealth preservation.
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