Jeremy Duffy

Jeremy supports high-net-worth individuals and families in planning for the future to include advising on wills and how they may interact with foreign succession and tax regimes.

He advises clients on the creation of trusts and how they can play a part in effective estate planning for them and their families. As part of this aspect of her work, Jeremy assists clients with the ongoing administration of trusts and the regulatory requirements attached to these structures to ensure the smooth transfer of assets across generations.

Many of Jeremy’s clients often have international links or family businesses involved. He advises international clients on the practical aspects of investing into the UK property market, residency rules in the UK and their tax reporting obligations as a consequence. Jeremy advises international clients particularly about non-resident capital gains tax and inheritance tax that may be payable in the UK because of their investment. Where possible, Jeremy advises clients on how to mitigate their exposure to Inheritance Tax in the UK.

Examples of Jeremy’s work include:

• Advising an international family looking to transfer a valuable property in London to the next generation.
• Advising a family on their estate planning with assets in the UK and Cayman Islands and beneficiaries in multiple jurisdictions including the US.
• Advising on the establishment of an offshore settlement in light of clients becoming domiciled in the UK and the ongoing tax treatment of this structure.