The affairs of international private clients have become increasingly complex in recent years, and it is vital to consider both existing and new structures that may be useful as part of wider asset planning. Our team has particular experience in advising non-UK domiciled individuals, including those becoming deemed domiciled, on their structuring considerations.
Where a non-UK structure is appropriate, we can work with our sister trust company in the Isle of Man to facilitate this. However, in many cases, UK trusts and other vehicles may be equally or more beneficial for tax and commercial reasons. International private clients should work with an experienced team who are used to the inherent complexities their affairs bring, and the Knox House Trust UK team is proud of their experience in this area.
We are also highly adept at undertaking client reviews to ascertain the effectiveness of existing offshore structures. Our team can determine whether they remain tax-efficient, or if migrating them to the UK may be more economical from a tax and cost perspective.