Trust Taxation

Trust Taxation
Author: Emma Chamberlain
Publisher:
Total Pages: 1679
Release: 2011
Genre: Trusts and trustees
ISBN: 9780414043350

Trust Taxation covers the taxation of UK resident and non-resident trusts explaining in detail the income tax, capital gains tax and inheritance tax treatment of the various different types of trusts. The book covers the tax consequences of creating and ending a trust, as well as the tax issues to consider during the lifetime of each type of trust and on distributions to beneficiaries. Part 1 contains an overview of trust law including recent case law on Hastings Bass, the categorisation of foreign entities, the new domicile and residence proposals and case law on residence and domicile generally. It also summaries the tax rules for foreign domiciliaries. Parts 2 to 4 explain the relevant legislation in detail as it relates to trusts, including discussion of entrepreneurs' relief, rollover relief, reservation of benefit, excluded property and relevant property trusts. Part 5 deals with special situations, including the family home, chattels, employee benefit trusts, pilot trusts, bare trusts, disabled trusts, will drafting, variations, business property relief and agricultural property relief, divorce and trusts.

Private Client Tax

Private Client Tax
Author:
Publisher: Sweet & Maxwell
Total Pages: 453
Release: 2012-08-16
Genre: Law
ISBN: 0414024842

Private Client Tax is the essential reference guide for anyone concerned with cross border trust, estate and succession planning for wealthy international families.This includes not only family members themselves, but Private Banks, Family Offices and professionals serving this sector as accountants, tax advisers, lawyers, art and property advisors etc.Covering over 25 major jurisdictions worldwide this title offers you insight into the basic legal framework in each jurisdiction with commentary on topics on which anyone considering taking up residence in a new jurisdiction needs to focus.

Guide to US/UK Private Wealth Tax Planning

Guide to US/UK Private Wealth Tax Planning
Author: Robert L Williams
Publisher: Bloomsbury Publishing
Total Pages: 815
Release: 2015-09-24
Genre: Law
ISBN: 1847665098

This unique book is a concise but complete tax planning manual for those advising high net worth individuals of the UK, US or any other nationality who have UK or US residence, assets or family members. Guide to US/UK Private Wealth Tax Planning covers all the information and legislation you are likely to require when advising clients exposed to both UK and US taxation, providing you with: A quick reference summary of the UK and US rules applicable to your clients; A comprehensive summary of available unilateral and treaty planning techniques to avoid US estate tax or UK inheritance tax for clients who are non-domiciliaries of the UK or US; Optimal income and gains tax planning for foreign trusts with UK or US beneficiaries; Integrated UK and US tax planning solutions for clients exposed to both UK and US tax. Previous edition ISBN: 9781845920272

A Modern Approach to Lifetime Tax Planning for Private Clients (with Precedents)

A Modern Approach to Lifetime Tax Planning for Private Clients (with Precedents)
Author: Chris Whitehouse
Publisher: Jordan Publishing (GB)
Total Pages: 0
Release: 2016
Genre: Estate planning
ISBN: 9781784731045

A Modern Approach to Lifetime Tax Planning for Private Clients (with Precedents) deals with the legal aspects of tax planning for private clients. It is a companion volume to the popular A Modern Approach to Wills, Administration and Estate Planning (with Precedents). This work begins by looking at the essential legal framework of giving and tax law through a combination of detailed and authoritative commentary, worked examples and precedents. It then examines specific topics including: trusts and settlements, the family, and looks at particular assets such as the family home, CGT main residence relief, chattels, businesses and farms, investments, and insurance based products. It then goes on to examine tax planning using statutory reliefs and exemptions including joint ownership of land/sharing arrangements, gifts for family maintenance, normal expenditure out of income and charitable giving. This new edition includes: * Introduction of the Residential Nil Rate band (Finance (No 2) Act 2015) * Effect of the Taxation of Pensions Act 2015 * The impact of the Inheritance and Trustees Powers Act 2014 * Changes to IHT charges on relevant property trusts * Full text of the STEP Standard Provisions and STEP Investment Policy The authors' narrative commentary is supplemented by numerous precedents which are included on an accompanying CD-ROM, allowing users to download and adapt each document as necessary. [Subject: Tax Law, Inheritance Law]

Global Private Banking and Wealth Management

Global Private Banking and Wealth Management
Author: David Maude
Publisher: John Wiley & Sons
Total Pages: 571
Release: 2010-02-09
Genre: Business & Economics
ISBN: 0470687819

Wealth management is one of the areas in which banks and other personal financial services players are investing heavily. But the market is changing fast. Going forward, players therefore need to adapt their strategies to the new realities: what worked in the past will not, for the most part, be appropriate in the future. This unique book, written by a former McKinsey consultant, offers an up-to-date, detailed, practical understanding of this exciting area of financial services.

Private Client

Private Client
Author: Lesley King
Publisher: College of Law Publishing
Total Pages: 507
Release: 2018-01-22
Genre: Law
ISBN: 1912363291

Private Client: Wills, Trusts and Estate Planning is a comprehensive and user-friendly examination of the legal and taxation implications arising from estate planning work within the private client department of a solicitors' firm.

Private Client 2021:

Private Client 2021:
Author: King
Publisher: College of Law Publishing
Total Pages: 573
Release: 2021-01-18
Genre: Law
ISBN: 1914202023

Private Client: Wills, Trusts and Estate Planning is a comprehensive and user-friendly examination of the legal and taxation implications arising from estate planning work within the private client department of a solicitors' firm. The guide deals in a practical way with all the areas confronting the practitioner on a day-to-day basis, from tax and financial planning to the administration of trusts. Throughout the text, worked examples illustrate how to calculate the tax position of the client.This new edition has been updated to take account of recent decisions on the construction of wills and the limited reading back effects of post-death variations. The text has been fully amended to take account of the changes to the requirements for registration of trusts introduced by the Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 which cameinto force on 6 October 2020 and the effect of Wills Act 1837 (Electronic Communications) (Amendment) (Coronavirus) Order 2020 which amends the meaning of 'presence' to allow remote witnessing of wills for a limited period. The changes to entrepreneurs' relief made by the Finance Act 2020 are addressed together with the implications of Skinner v RCC.