Luxury Assets

A recent High Court decision has highlighted that how assets are managed and utilised during a marriage can influence their treatment on divorce

A controversial new law came into force in France on 1 November 2021 to apply, under certain conditions, French forced heirship rules even where a will specifies a foreign legal system should apply.  This could have significant consequences for some UK residents with French assets.

A new report from IQ-EQ, Nomura and Barton Consulting assessing the private capital landscape has found that 61 percent of private capital investors view private equity positively due to its high return potential and variety of opportunities in the space, with real estate offering the most attractive risk/return ratio

One in four consumers intend to spend more this festive season, with an average £428 spend per person up from £384 last year, according to PwC’s festive predictions research

The largest number of high net worth (HNW) individuals relocating to the UK last year came from China, with 650 non-domiciled individuals moving to the UK

Figures from HMRC show that inheritance tax (IHT) receipts for April 2021 to October 2021 are £3.6 billion, which is £600 million higher than in the same period a year earlier

Testamentary freedom - the right to leave your estate to whoever you choose – is the cornerstone of succession law in England and Wales. But as inheritance disputes continue to make headlines, does this key legal and moral principle still exist, and what can I do to ensure my final wishes are honoured?

The publication of the 'Pandora Papers' has led to an increased focus on the transparency of the ownership of land in the UK and calls for new legislation to be brought before Parliament without further delay

Entrepreneur and lifestyle icon Martha Stewart has dipped her toe into the new world of non-fungible tokens (NFTs) with the launch of her own digital boutique, FRESH Mint

Pablo Picasso’s daughter recently made headlines by donating some of his multi-million euro artworks to the French state, in lieu of inheritance tax. The story has brought renewed attention to similar schemes elsewhere, including the UK’s Acceptance in Lieu Scheme and Cultural Gifts Scheme, both of which work on the principle of donating significant cultural artefacts to the state to offset tax