The Role of Trusts in Wealth Preservation and Succession Planning

Trusts play a vital role in wealth preservation and succession planning for internationally mobile families. For British-born individuals non-UK resident for 10 or more fiscal years, overseas trusts remain effective for tax-efficient asset protection. Foreign nationals relocating to the UK can utilise overseas trustee structures under the 2025 reforms. Former non-domiciled UK residents must reassess existing planning. Family Investment Companies, UK and offshore, serve as trust substitutes, while expatriate trends highlight departure planning toward low tax jurisdictions.

This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker. 

Delegates places are interchangeable with colleagues from the same organisation.

Content

• The application of oversees trusts for British born persons that have been non-UK resident for 10 or more consecutive UK fiscal years

• Overseas trustee solutions for foreign nationals that intend to relocate to the UK to take advantage of the UK tax reforms that have been introduced by UK Parliament effective from April 2025

• Evaluating overseas trustee planning for persons that reside in the UK that were once treated as non-UK domiciled – their future and their options

• Family Investment Companies, UK and offshore being trust substitutes, when to use them and how to structure them

• Current trend for expatriates, foreign expatriates living in the UK and long-term UK residents – departure planning and favoured countries in where British taxpayers are seeking to move to

Presenter

Simon Denton Managing Director at Sovereign (UK) Limited

Simon has 35 years’ experience and expertise in the international private client tax planning, trustee, corporate services, fiduciary, pension trustee and the market entry industry. His career started with The Consult Group in the Principality of Andorra. Thereafter he relocated to Gibraltar to ultimately commence a career with the Sovereign Group. Simon became the MD of Sovereign Trust in Gibraltar,  HQ of their global Group where he served two terms as Chairman of the Association of Trust & Company Managers and was a member of the Gibraltar Government Financial Sector Legislation Committee. Simon was previously a Director of the Sovereign Group and Chairperson of the UK Chapter of The Offshore Institute. He is currently the Vice President of the Royal Society of Fellows, is a member of the Institute of Management and is the Founder and Chairman of the International Professionals Association Ltd. He is a regular lecturer and speaker at tax planning and financial services conventions around the world. Simon was once a professional squash player, he is an international cyclist, a Rugby Football Union referee and recently qualified as a sports mind coach.