Trusts & Succession

Global fiduciary services provider Equiom has been selected by the Dubai International Financial Centre (DIFC) as master trustee on the DIFC Employee Workplace Savings Scheme

The Hong Kong Stock Exchange’s (HKEX) broadening of its listing regime in 2018 has had a clear and almost immediate impact; the HKEX raised the third-highest amount of IPO capital in the world (behind the New York Stock Exchange and the NASDAQ) over the first half of 2019

Most trust and estate practitioners will have experienced beneficiaries being unhappy with a decision made by trustees. Perhaps less common is a situation where the trustees simply cannot make a decision because they cannot agree between themselves. What happens then?

The Supreme Court has ruled that a gift by will to a charitable trust subject to the law of Jersey is exempt from inheritance tax

HMRC investigations into underpaid Inheritance Tax raised an extra £271 million in 2018/19, a nine percent increase from £249 million in 2017/18, private client law firm Wilsons has revealed

Standard Bank Jersey Limited has become the second international bank in Jersey to be fined for intermeddling under the Probate (Jersey) Law 1998.  

This month Tax Titbits focuses on recent tax cases which comment on key areas for those advising private clients on their offshore structures or assisting them with their compliance obligations

Today sees the launch of the 2019 eprivateclient Middle East report - a detailed analysis of the wealth management sector in the Arab region

Trust and estates had a total income of £2.73 billion in 2017-18, representing a 12 percent increase from the previous year, according to HMRC statistics

The number of UK estates paying Inheritance Tax (IHT) increased by 15 percent in 2016/17 to 28,100