A trusts specialist with particular expertise in landed estates.
Kate advises on succession and capital gains tax planning, inheritance tax, setting up of trusts and family charters or constitutions, settled land act settlements, heritage property issues, wills and probate. She often works in a multi-disciplinary team of trustees and accountants.
Kate advises many landed estates with diverse rural businesses, including a number of prominent families and owners of historic properties.
Recent examples of how Kate has helped clients include:
- enabling a landed estate comprising numerous trusts with interests including farming, development and leisure to enjoy inheritance tax relief and minimise stamp duty land tax by re-structuring the business model;
- preserving the assets of a landed estate and meeting trustee objectives by extending the life of a trust for a further 125 years with the ability to accumulate income throughout that time; and
- enabling a landed estate to benefit from entrepreneur’s relief and incorporation relief on development land by structuring as a trading business, rather than an investment business.