Wealth Matters - Summer 2018
Welcome to the Summer 2018 edition of Wealth Matters, Charles Russell Speechlys’ regular update on contemporary legal issues for the Private Wealth sector.
At the time of writing draft legislation for the Finance Bill 2019 has just been published, promising another busy period for clients and their advisers.
In this edition of Wealth Matters we look at the new Trust Registration Service and ongoing Inheritance Tax Consultation in the UK. Experts in our Family and Property teams also give useful guidance on how to help a younger family member onto the property ladder, recent developments for landlords, and what steps should be taken when someone is considering a separation or a divorce.
Trustees may not always be sure what rights beneficiaries have to request information about a trust – our article on page 9 provides a useful summary. We also explain why offshore structures may no longer be a suitable way to hold UK residential property and provide an in-depth analysis of the financial and reputational dangers of non-compliance with HMRC’s ‘Requirement to Correct’ post-September 2018.
I do hope you enjoy this latest edition of Wealth Matters. If you require any advice on the topics covered, or wish to discuss another matter relating to helping protect and grow your or your clients’ wealth, please do not hesitate to contact the team members listed.
For more information please contact Charles Hutton on +44 (0)20 7427 6737 or at charles.hutton@crsblaw.com.
Our thinking
Samantha Ewing
Funding for Inheritance Act 1975 claims: Success (fee) or gamble?
Samantha takes a look at funding for Inheritance Act 1975 claims
Simon Green
Simon Green featured in Asian Legal Business' Managing Partner Roundtable
Asian Legal Business interviewed Simon Green in relation to our current strategy for the Hong Kong office.
Simon Green
Charles Russell Speechlys takes home the Asia Pacific Private Client Team of the Year award at the Chambers High Net Worth Awards
We are delighted to announce that we have been named Asia Pacific Private Client Team of the Year at the Chambers High Net Worth Awards
William Marriott
William Marriott quoted by The Daily Telegraph on Land Registry delays
Property buyers flood the Land Registry with complaints after delays leave movers frustrated.
Samantha Ewing
Certain about capacity? Expert evidence is no guarantee...
Matt Foster
Divorce can feel like a death, but what happens if the person you are divorcing actually passes away?
Matt Foster
Divorce can feel like a death, but what happens if the person you are divorcing actually passes away?
What happens if the person you are divorcing actually dies midway through that process?
Chambers Private Wealth 2021 guide on Hong Kong’s law and practice
Jeffrey Lee, Jessica Leung and Jessica Chow write for the Chambers Private Wealth 2021 guide on Hong Kong’s law and practice.
Alexander Caton
Strategic Planning for Modern Landed Estates
The second in our series of articles on succession planning for landed estates covering a wide variety of matters.
Katelyn Silver
A secret will, for the moment
Simon Green
Simon Green, Jeffrey Lee and Ray Ng featured in Asian Legal Business' article on the wealth management industry in Hong Kong
There has been a 20% increase in UHNW individuals in China in the past three years, with more than a fifth based in the Greater Bay Area.
Michael Wells-Greco
Charles Russell Speechlys Swiss lawyers contribute to Private Wealth Chambers Global Practice Guide
This definitive global law guide offers a comparative analysis on Private Wealth law and practice from top-ranked lawyers.
Bart Peerless
ESG investment and the challenges for trustees
What challenges does the ESG revolution present for trustees of private family trusts?
Sarah Higgins
The family court’s role in micro managing 'trivial' disputes
The recent decision has dealt with the family court’s role in micro managing “trivial” disputes in relation to children
Bart Peerless
Bart Peerless and Matthew Radcliffe write for eprivateclient on ESG investment and the challenges for trustees
What challenges does the ESG investment revolution present for trustees of private family trusts?
Matthew Radcliffe
Taxing horizons and fiscal black holes
A super-massive black hole at the centre of the nation’s finances means that tax reform and rates rises look increasingly likely.
Hugh Gunson
Hugh Gunson quoted by Accountancy Age on why HMRC needs to rebuild taxpayers' trust after its Loan Charge failings
"HMRC needs to listen to the criticisms made in relation to its handling of the loan charge and reflect on them to achieve real change."
Eddie Richards
Property Professionals: Big Sheds and Logistics
Join us as we discuss the the key challenges facing operators and investors in the logistics space.