Douglas Smith Partner
Douglas specialises in all aspects of private client and related tax work.
Main areas of practice
He is experienced in advising UK and non-UK domiciliaries on tax planning and on the preparation of Wills, trusts and related matters. He also gives advice on probate work, involving the administration of substantial and complex estates, and a wide variety of Court of Protection work.
Inheritance tax: work involves advice in relation to Inheritance Tax mitigation techniques, making full use of the tax free allowances and reliefs, including the use of trusts and deeds of variation.
Tax mitigation: advises on the creation and re-organisation of a variety of UK and offshore tax mitigation structures.
Author: contributed a chapter entitled 'The Use of UK Trusts for Holding and Dealing with Works of Art and Chattels’ to the first edition of Trusts in Prime Jurisdictions, by Alon Kaplan.
Related Knowledge & Resources
On 10 August the Government published its response to a consultation on the taxation of termination payments. Lisa Wallis and Ruth Christy consider the Government's plans in more detail and their implications.
Once we've formally extracted ourselves from the EU, what will this mean on death for people owning assets in Europe - or where one spouse is 'European' and the other is now not?
As property prices continue to soar across the UK, the dream of owning a home appears to be slipping away from a vast number of under 35’s. Unsurprisingly, the 'Bank of Mum and Dad' seems a very attractive option.
Do you have conflict in the workplace that takes up your valuable time and has a damaging effect on team performance?
Our Family team provide a helpful guide on what to expect at a Final Hearing in Financial Remedy Proceedings.
A guide to the reasons why it may not be desirable to leave assets directly to a beneficiary on your death.