Category Archives: Tax Planning

IHT and trusts

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When making succession plans, a large majority of British passport holders are advised to place their money, life insurance policies, property and assets into trust. By doing so, they effectively relinquish ownership of the assets placed into trust, instead nominating a trustee to mange and distribute the trust accordingly upon their death. As a result … Continue reading IHT and trusts

European Commission drops Guernsey ...

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After a meeting held in Brussels between the European Union officials, the European Commission issued a blacklist naming 30 non-cooperative jurisdictions. The commission has removed Guernsey from the blacklist and has endorsed Guernsey as a ‘cooperative jurisdiction’. Jonathan Le Tocq, Guernsey’s chief minister welcomed the news and said; “This recognizes not only Guernsey’s adherence to … Continue reading European Commission drops Guernsey from EU tax blacklist

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