22nd Annual International Wealth Transfer Practice Conference
6 Mar - 7 Mar 2017
Claridge’s Hotel
Session information
‘Three may keep a secret if two of them are dead’ How the well advised international family balances transparency, privacy and openness to transfer their wealth successfully.
Monday 6 March (1530 - 1700)
Claridge’s Hotel
Committee(s)
Family Law Committee
(Lead)
Legal Practice Division
(Lead)
Private Client Tax Committee
(Lead)
Taxation Section
(Lead)
European Regional Forum
Description
Secrecy used to be a means of ensuring security. It seems that now the opposite is true yet many clients do not appreciate this development – something that becomes all too clear following a death. Claims from disappointed (and unexpected) beneficiaries, unclear business succession planning, tax carelessness, hidden assets, miscommunications, misunderstandings and surprises all produce avoidable insecurity for a family and its wealth. The session will: • demonstrate how we can add value by avoiding these uncertainties but accommodating the need for flexibility and the idiosyncrasies of each client • show how legal advice, tax strategy and family governance can together deliver a client’s objectives while retaining privacy and avoiding surprises • illustrate with case studies how best to manage the client who still equates secrecy with security
Session / Workshop Chair(s)
| Anne Guichard | n3t NOTAIRES, Paris, France; Young Lawyers' Committee Liaison Officer, Private Client Tax Committee |
| Jonathan Riley | Fladgate LLP, London, England |
Speakers
| Kira Egorova | ALRUD Law Firm, Moscow, Russian Federation |
| Nicola Saccardo | Charles Russell Speechlys , London, England |
| Carine Youssef Tohme | Tohme Law Firm, Beirut, Lebanon |
| Catherine Watson Coles KC | McInnes Cooper, Halifax, Nova Scotia, Canada; Vice Chair, Private Client Tax Committee |