A trusts and estates lawyer.
Ann advises on succession planning and wealth protection for those with an interest in a landed estate. This includes providing advice on business structures, trust arrangements, property ownership rights and tax mitigation – particularly on death, and specifically where business property or agricultural property relief may be available to reduce the amount of inheritance tax payable. She also advises on wills, probate and general estate administration where there may be a need to tailor or vary arrangements to ensure business continuity and maximum tax efficiency.
Ann acts for private individuals and their families, many of her clients have commercial as well as residential property interests or are farming families with complex partnership or corporate arrangements to consider.
Recent examples of how Ann has helped clients include:
- advising the owners of a large estate on the reorganisation of their property ownership arrangements to enable them to regain possession of tenanted land needed to develop their tourism-based business;
- spotting a mistake in the way a trust had been organised which, if left unaddressed, could have resulted in the trust being exposed to a significant and unnecessary tax liability;
- restructuring ownership of an estate to ensure the competing income and capital needs of three generations of the same family could be met; and
- seeking permission from the High Court to extend the lifespan of a trust, following an earlier failed attempt to do this by the client’s previous professional advisor.