claire harris - withersworldwide
TRANSCRIPT
Claire HarrisPARTNER | LONDON
Claire is a partner in the private client and tax team.
She advises clients on a range of wealth planning matters impacting successful individuals and their families. She advises high net worth individuals inrespect of their tax, trust and estate planning, including clients who are either non-UK domiciled or non-UK resident, or both. Claire advises in respectof pre-residence planning for clients who are intending to become UK resident, in particular regarding planning as to which assets should be availableto bring onshore and assets to be left offshore in order to mitigate tax. Claire also advises on appropriate holding structures for UK property for non-resident or non-domiciled individuals, considering the interaction of the various taxes which may impact on such structures – the new ATED,inheritance tax, capital gains tax, income tax and stamp duty land tax.
Claire also has a strong practice in advising UK resident and domiciled individuals in respect of their estate and lifetime tax and succession planning, toinclude the preparation of Wills, Nil Rate Band and Life Insurance Trusts, Lasting Powers of Attorney and Living Wills and advising on the tax andpractical implications of passing assets down to the next generation during clients’ lifetimes.
In particular, Claire advises owners of UK landed estates and rural property on the tax and succession issues which impact families or trustees whoseprincipal assets are land, where business and agricultural property relief are particularly relevant. This work often involves the incorporation andmaintenance of appropriate holding structures, for example Farming Partnerships and Private Trust Companies to act as trustees of trusts owningestates.
Claire also advises trustees of onshore and offshore trusts which hold wealth for both UK-based and international families. This involves the creationand maintenance of holding structures, which often include various levels of offshore and onshore trust and corporate entities, and detailed drafting oftrust documentation and corporate constitutions. This work is often carried out through liaising with multi- and single-family of ces which look after afamily’s affairs.
Much of Claire’s work involves discussing with clients their views on philanthropy, governance and succession and the introduction of the nextgeneration to the family’s wealth. This often includes considering at what age the next generation should be given information regarding the family’swealth, when they should receive assets or income ows and when they should begin to play a role in managing the family’s wealth and preserving it forthe next generation.
SECRETARY NICOLA READ +44 20 7597 6078 [email protected]
ADMISSIONS
England and Wales, 2008
PUBLICATIONS
Speaker, IBC Seminar on Changes to Owner Managed Business Taxation (October 2015)
Speaker, Lexis Nexis panel forum on the Future of Offshore Centres (September 2015)
TALKS
Investment of Trust Assets, IBC Conference, April 2016
International Trusts & Private Client Forum, ITPC Conference, Guernsey, April 2016
+44 20 7597 6586
Wealth Preservation & Tax Planning for Landed Estates, IBC Conference, February 2016
Changes to Owner Managed Business Taxation, IBC Seminar, October 2015
The Future of Offshore Centres, Lexis Nexis panel forum, September 2015
EDUCATION
Oxford University, B.A. (Hons) Physics and Philosophy
LANGUAGES
ENGLISH
DATES
RECOGNITION
2020 Legal 500 UKrecommended lawyer
2020 Legal 500 UK nextgeneration partner
2019 Private Client Global Elite Onesto Watch Recognized
2019 Legal 500 UKRecommended Lawyer
2017 Private Client Elite 2017 Legal 500 UK NextGeneration Lawyer
2016 City Wealth Leaders List -Recommended
2015 top35 under35
London20 OLD BAILEY, LONDON, EC4M 7AN
JOINED: 2006PARTNER: 2017