Kate Allred Senior Associate - S&T - Thames Valley
“…a huge thank you for all your support and hard-work with my father's estate. Your advice, assistance and swift and detailed work have been invaluable.”
Kate is a senior private client lawyer, who specialises in Wills, inheritance tax planning, trusts, and the administration of complex estates.
Main areas of practice
Kate deals with cross border jurisdiction cases, contentious aspects, agricultural and business assets, post death tax planning, advising on and setting up trusts.
Kate advises in connection with the setting up of pilot trusts for pensions and life policy death benefits, planning by setting up discretionary trusts and flexible life interest trusts, CGT planning post death, and CGT planning during lifetime in connection with principal private residence relief.
Acting in connection to the following high net worth estates:
- £8 million estate comprising a farm and business assets, including varying the Will post death to set up a discretionary trust to maximise reliefs for agricultural and business property reliefs for inheritance tax;
- £9million estate for a deceased businessman following an emergency including successful claims for business property relief and subsequent appointments for charitable reliefs whilst using spouse exemption who could then make potentially exempt transfers;
- Cross border intestate estate for English domicile who died in Spain with Spanish assets, varying his inheritance from his father’s Scottish estate to reduce inheritance tax charge, with a wife from Serbia who had IVF treatment and conceived a child post husband’s death, and who did not have a visa to enter the UK;
- Cross border estate with Italian property interests and English assets and advising on the cross borders aspects for tax and succession;
- Advising French national on domicile issues and inheritance tax planning and Wills including cross border tax position for inheritance tax with assets in Jersey, England and France.
“thank[ing] you for all the really excellent work you have done on the estate. It has been a long haul with plenty of complications along the way, but everything has been made much easier with all the advice and detail you have given us.”
“Kate is an extremely conscientious private client solicitor who has the skills and abilities to make sense out of the most complex estates. She has an incredible work ethic, a great sense of humour and is a pleasure to work with.”
In the event of someone's death, what are the initial steps you should take? If you are in this situation, or you wish to help your family prepare for your death, the below guide should help.
With just a year to go until the new 'non-dom' rules are due to come into force on 6 April 2017, we consider what the changes could mean for 'non-dom' individuals currently
Articles by Kate
Many people choose to make a gift to a favoured charity during their lifetime or in their Will and, under current legislation, those gifts are exempt from inheritance tax provided they are made to qualifying charitable bodies.
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On accepting a position as a trustee, a person must be aware of the duties imposed on him by the trust deed and by statute. The following is a non-exhaustive overview of the principal duties of a trustee.
The discretionary trust is a very flexible form of trust.