Latest
Our lawyers are experts in their fields. Through commentary and analysis, we give you insights into the pressures impacting business today.
VIEW ALL
About
Recent work
Did you know
Mike specialises in onshore and offshore Private Wealth matters including succession planning, trust administration and taxation, probate applications and estate administration, as well as drafting and preparing trusts, wills and lasting powers of attorney.
Mike offers wholistic advice on the various elements of Private Wealth he practices:
- To individuals on the creation of different types of trusts, the UK tax implications of such creation, along with all ancillary and related tasks such as registration with the Trust Registration Service or ensuring assets are correctly transferred into the names of the Trustees;
- To individuals on the drafting of their Wills, perhaps with offshore elements and/or trust structures built within, to ensure security and peace of mind for the client but providing the required flexibility for non-restrictive intergenerational planning;
- To trustees that require assistance with specific issues within their role such as tax or general compliance with the trust's mechanics, but also general and continuing support for the administration of the trust;
- To executors or administrators who require assistance with a deceased person's estate. This service can range from dealing with every aspect of the estate, allowing the client to retreat from the frontline of the work during what might be a difficult time, or it can be having us on hand to assist in the process where required;
- To individuals who require advice on and assistance with the preparation of lasting powers of attorney.
Mike often uses his contacts from related fields to ensure all angles of any planning is duly covered and explained to the client in ways that can be understood.
- Advising a family on the creation and drafting of trusts, the transfer of rental properties and utilising the flexible powers available to the trustees for favourable tax treatment. Subsequent advice on the administration and tax compliance of the structure and the beneficiaries;
- Advising trustees on the winding up of a discretionary trust. Making all relevant reporting to HM Revenue & Customs and liaising with investment managers for the transfer of assets to the beneficiaries, providing support to those beneficiaries personally where required;
- Advising a non-UK trustee on Inheritance Tax charges arising in due to assets falling within the Relevant Property Regime, preparing and submitting necessary reporting to HM Revenue & Customs;
- Advising a UK trustee in relation to the onshoring of multiple non-UK trusts, drafting necessary documentation and providing legal advice alongside a small network of advisers covering all aspects of the transaction(s);
- Advising the executors of an estate in respect of a deed of variation to charity, which involved liaising with the trustee of a non-UK trust as the residuary beneficiary, to achieve family wishes and mitigate Inheritance Tax; and
- Advising executors in respect of an estate which underwent a fully enquiry by HM Revenue & Customs due to complex planning during the deceased's lifetime which lead to significant Inheritance mitigation.
Mike continues to try and play football with his much younger, faster and fitter teammates. However, retirement from the field and enjoying football solely and vicariously through his beloved Arsenal is beckoning...