Domicile and International Estates
Navigating cross-border wealth management
Jurit helps international families to find practical solutions to the ownership and devolution of their global wealth, including navigating the complexities of owning assets in different jurisdictions.
Domicile is a particular UK concept and has a direct bearing on your treatment for tax and succession purposes.
Our lawyers can advise on domicile issues and how these will affect your estate planning, tax liabilities and wealth succession.
Our people, your team
If you’re from outside the UK originally and have investments in the UK, or you are moving to or have already moved to the UK, we can support you with your tax and succession planning needs.
Jurit can explain the English law concept of domicile, which is not the same as where you are resident for tax purposes or your nationality.
We can also explain how other countries may have different concepts which can dictate the devolution of your estate, including whether fixed or forced succession rules may apply to your assets outside the UK.
If you are considering a move to another country, or buying property or other assets outside the UK, it is important to consider the legal and tax issues affecting your wealth.
Likewise, you may need advice on an estate which has assets in multiple countries. Jurit can help you navigate around complex foreign succession rules.
How we help
We will work with you to establish the extent of your liability to UK taxation, navigating the complexities of domicile and residence, to establish potential ways to use your domicile as a useful inheritance tax planning tool.
Our team of experienced private client advisers will work with you, alongside any existing overseas advisers, to achieve this in the most effective way.
We advise on cross-border investment and the use of offshore trusts and corporate structures for asset protection, as well as advising families on international estates and how to deal with the often-conflicting probate and tax rules that apply in the countries where assets are located.
Contact usOur services include:
- Creation of trusts, foundations, companies and partnerships in the UK and offshore
- Cross-border estates and succession planning
- Cross-border investment
- Family asset protection
- Fiduciary and UK tax issues affecting trustees and executors
- International incapacity issues
- International estates and probate issues
- Philanthropy and charitable giving
- Purchase, structuring and sale of UK residential, sporting and commercial property
- Residence, domicile and the remittance basis
- Restructuring existing asset-holding structures
- Tax compliance for individuals and their wealth holding structures
- UK tax advice for non-UK residents
