Client Story

HCR leads international team of advisors supporting high net worth client with UK and international assets

7th March 2024

A lawyer advising a client on international asset management

Our client was non-UK domiciled and a non-UK resident with substantial assets both in the UK and offshore.

The Private Client team’s advice focused on advising on two sets of assets in different jurisdictions, whilst ensuring their client’s overall estate planning objectives were met.

Considering domicile rules, the statutory residence test and both capital gains tax  and inheritance tax, the team supported the client with advice on UK tax and succession matters.

Due to the complexity and value of the assets, HCR’s Private Client team coordinated tax and succession advice from a range of other advisers in relation to their worldwide assets. The team also led and coordinated advice from lawyers in our client’s country of domicile and where they held other property assets including the Cayman Islands, Spain and Switzerland.