Kate Smith

Kate is experienced in assisting clients with succession and Inheritance Tax planning, Capital Gains Tax, setting up of trusts and family charters or constitutions, heritage property issues, trust advice, wills and probate. Kate often works in a multi-disciplinary team of trustees and accountants.

She has supported many landed estates with diverse rural businesses, including a number of prominent families and owners of historic properties.

Examples of Kate’s work include:

• Enabling a landed estate comprising numerous trusts with interests including farming, development and leisure to enjoy Inheritance Tax relief and minimise Stamp Duty Land Tax by re-structuring the business model.
• Preserving the assets of a landed estate and meeting trustee objectives by extending the life of a trust for a further 125 years with the ability to accumulate income throughout that time; and
• Enabling a landed estate to benefit from entrepreneur’s relief and incorporation relief on development land by structuring as a trading business, rather than an investment business.
• Enabling the transition of a large landed estate from the current owner to the heir during the lifetime of the owner in a tax efficient and sensitive manner.