Residence, domicile and multi-jurisdictional estate planning
This matter involved advising a non-domiciled but UK deemed domiciled individual who moved abroad on:
- Becoming non-UK resident
- The loss of deemed domicile
- Estate and succession planning depending on whether he survived the loss of deemed domicile or not
- The impact of his current and future status on existing trusts for other members of the family
- Liaising with US advisors to exploit the individual’s status in new planning to benefit US citizen members of his family