Consultancy

Experience

Typical work highlights

Matters Viv has recently advised on include:

• Created a discretionary trust to receive a gift of a significant AIM share portfolio prior to the changes to the inheritance tax rules relating to business property relief
• Advised on lifetime gifting including on the mechanics for gifting the benefit of a part of an existing loan
• Acted for the Trustees of family trusts, drafting complex deeds of appointment and deeds of application to vary the existing terms of the trusts, and project managing the transactions
• Having identified several technical errors with 2 family trusts created by another firm of solicitors, acted for the Trustees of such trusts to rectify the problems
• Prepared new Wills and Lasting Powers of Attorney for a HNW couple, including liaising with lawyers in Switzerland in terms of succession planning in respect of their real estate in Switzerland
• Prepared Wills to capture any available business property relief, incorporating various trust structures to protect the family wealth, and liaising with lawyers in Spain in respect of the preparation of separate Wills to deal with their property in Spain, working within parameters set by a pre-nuptial agreement
• Advised HNW clients on utilising the lower rate of inheritance tax by leaving at least 10% of their net estate to charity whilst still satisfying their other wishes for the distribution of their estate in the event of their death
• Advised and prepared Wills for married couples to capture on the "first death" the downsizing allowance in respect of the inheritance tax residence nil rate band
• Advised on many shareholder protection arrangements, working with colleagues in the corporate team, and drafted bespoke business trusts