Charmaine is a Senior Associate in our private client department and is based in London. She advises individuals, their families and executors in relation to estate and succession planning, will drafting, administration of estates and tax planning, and lasting powers of attorneys (LPAs).
Charmaine specialist area is estate administration involving the both simple and complex estates including high value or intestate estates, and estates featuring foreign assets.
Charmaine prepares wills, both straightforward and complex which may involve life interest or discretionary trusts. Her work often involves providing advice in relation to inheritance tax mitigation strategies, both in connection with wills and after death, including the use of trusts.
Charmaine also advises on and prepares for clients both Property and Financial Affairs and Health and Welfare Lasting Power of Attorney. She also works alongside colleagues in our Dispute Resolution Group to advise clients in bringing and defending contentious probate claims.
Recent work examples
- Prepared a detailed Financial Planning Report for high net worth clients who had business interests and assets both in the UK and abroad. This involved providing advice on their tax position and international succession issues; reviewing and preparing new wills; working with our Corporate Group to review and prepare new articles; working alongside our Real Estate Group to prepare a lease for their business premises; writing a life policy into trust and preparing Lasting Powers of Attorneys.
- Advised on tax mitigating strategies in connection with capital gains and inheritance tax involving a gift of property. This involved transferring a percentage of the property into trust, gifting the remainder in stages over two tax years to utilise the donor’s annual exemptions, and providing advice on hold-over relief. The work involved our Real Estate Group to complete the transactions.
- Acted in connection with a contentious probate matter, working closely with our Dispute Resolution Group, to assist an administrator trace and seize assets in relation to an intestate estate, and to assist with the overall administration of the estate.
- Submitted a successful claim to HMRC to claim a transferable nil rate band from a husband’s estate who was killed in action in 1942, during the Second World war, so that the inheritance tax liability of his widow’s estate was substantially reduced. Spouse exemption was not available in 1942, and there was no blanket exemption for death on active service. Due to the husband’s rank and operation of killed in war exemption I managed to increase the deceased’s available nil rate band by £300,000 which significantly reduced the estate’s inheritance tax liability.
- STEP (Society of Trust and Estate Practitioners)