The Tax, Trusts & Succession Planning* team is dedicated to providing clients with comprehensive, clear and commercially realistic advice. Comprising experienced and younger advisors, we offer a contemporary Private Client service, working diligently to ensure that the client receives a high quality service from an advisor with whom the client feels at ease.
The Tax, Trusts & Succession Planning team offers one of the widest advisory capabilities in the country. Asset protection is key with many clients and the team works towards that goal, countering liabilities that may arise from taxation, divorce and business risk. Our advisors can address the complete picture, organising and structuring the affairs of individuals and families, assuring risk management and tax efficiency.
Taking a global perspective on a client's personal and business issues, the team applies its expertise towards a bespoke, client focused service.
Advice is provided in respect of the following:
The firm also has a dedicated team of Tax specialists that deal with corporate and real estate clients. If you own or are invloved in a company or partnership, you can find out more about what our Tax team can offer on the taxation issues for companies, entrepreneurs, real estate developers or investors, and employee incentivisations/share schemes by linking to the Tax page.
*Gateley (Scotland) LLP utilises the vehicle Cornerstone Asset Management LLP, which is authorised and regulated by the FCA.
17th December 2012
I have two daughters who will inherit equally. I have taken out Equity Release (ER) on my property - current value 450K. I have a term assurance policy with 14 years to run to more than cover the equity release made out in trust to both the girls. Am I right in thinking that : 1. the policy does not form part of my estate therefore will not be liable for inheritance tax 2. Inheritance tax will only be payable on the remaining value of the property after the ER has been repaid even though this will be done by means of the insurance policy.
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