Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Mark advises on a broad range of tax, trust and estate planning issues for individuals, trustees and family offices. He has extensive experience working on complex matters with a cross-border element.
Mark advises on the development of family governance, the creation and operation of asset-holding structures and the creation of family office structures for both UK and non-UK based families. He has also been involved in family trust matters with a litigious or potentially litigious element.
Mark has particular experience in advising on matters with a US connection. In 2016 he spent six months on secondment with the trusts and estates group of a leading New York-based law firm and has developed a good understanding of the tax and succession issues for US citizens and residents.
Experience
- Advising in relation to the reorganisation of the business interests of a UK entrepreneur and the creation of his family office.
- Advising on the restructuring of a series of trusts holding an interest in a family business to bring the structuring into alignment with the family’s wishes and the tax considerations in the jurisdictions involved.
- Undertaking a detailed review of the operation of a family asset holding structure and advising on issues from a governance and investment structuring perspective.
- Advising a long-term UK resident non-UK domiciled individual on establishing a series of trusts prior to becoming deemed domiciled in the UK, creating a bespoke protector mechanism and balancing the issues arising for US family members.