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Specialism: Lawyers Contentious Trusts, Immigration, Tax
Company: Stephenson Harwood
Location: London, England
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2019 Magic Circle Awards
Lawyer of the Year
James Quarmby currently has no Citywealth award
Average client size: Over £25 million
Fixed fee offering: Yes - We offer fixed fees for certain clients who have predictable matters and where the agreed objective is sufficiently clear
Number of offices globally: More than 5
James Quarmby currently has no contact details
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Structuring UK property holdings worth £164 million
I have been instructed to advise the client on how to structure and manage his UK property holdings accumulated over a number of years. Much of the client's portfolio is invested in 'shop and flats' mixed use properties through offshore vehicles so has been particularly affected by the proposed changes to inheritance tax from April 2017. I have advised the client on undertaking a multi-stage restructuring of their family trust and revising this advice as new laws are proposed. I am now assisting the client on transferring assets to the next generation while protecting him from any misapplication of those assets by his children. The UHNW individual involved has a UK property portfolio worth £164 million.