WBD recruits international private wealth expert into London
WBD has appointed Edward Stone as a partner in the firm's London office, joining WBD's top-ranked private wealth team. He brings over 20 years' international experience at leading firms advising high net worth individuals, their families, trustees and family offices on wealth/succession planning and cross-jurisdictional asset structuring/restructuring.
Protecting your business
Susan Maxey, legal director at WBD, has extensive experience of advising individuals and trustees owning private company shares, and has been recognised in the Chambers High Net Worth Guide 2018. Here, the private client specialist reveals what to consider when making a business lasting power of attorney.
Inheritance Tax - a future of simplification?
In July, following its first report in November 2018 and an 'unprecedented' response to their consultation, the Office of Tax Simplification (OTS) published its second report on the simplification of inheritance tax (IHT). The report sets out a number of recommendations for 'a more coherent and understandable structure of the tax'. In this article we look at the main recommendations and findings and consider what is in store for the future.
Deprivation of Liberties - what is all the fuss about?
WBD's private wealth team praised by Chambers High Net Worth guide
WBD's private wealth team has been ranked highly in the Chambers High Net Worth (HNW) guide.
The Chambers HNW guide focuses specifically on the international private wealth market. Published annually, it covers private wealth management work and related specialisms in key jurisdictions around the world, featuring the leading lawyers and law firms for wealthy individuals and families.
5MLD is coming...
The UK government is consulting on expanding the requirements for trusts to be registered with HMRC, as part of a raft of measures to implement the latest EU Anti-Money Laundering law (known as 5MLD). The changes are likely to: a) significantly increase the number of trusts that need to be registered with HMRC; and b) widen the circumstances in which trust information can be accessed.