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Carey Olsen

PO BOX 98, CAREY HOUSE, LES BANQUES, ST PETER PORT, GY1 4BZ, GUERNSEY
Tel:
Work 01481 727272
Fax:
Fax 01481 711052
Email:
Web:
www.careyolsen.com

Laila Arstall

Tel:
Work +44 (0)1481 727272
Email:
Web:
www.careyolsen.com/people/laila-arstall
Carey Olsen

Work Department

Trusts and Private Wealth

Position

Laila has extensive experience in the formation and administration of trusts, companies and partnerships, and with dealing with issues of data protection and confidentiality.  Since moving to Guernsey from Singapore, Laila has developed considerable experience in matters of taxation under Guernsey law and practice and has advised on tax issues relating to the structuring of offshore pension arrangements, employee incentive schemes, as well the use of structures for commercial purposes, including private equity and collective investment arrangements. 

Laila's experience includes providing advice in relation to the EU Savings Directive and its implications for trustees, financial institutions and beneficiaries; dealing with requests for information pursuant to Tax Information Exchange Agreements and advising both private client and industry representative bodies on changes to Guernsey's tax law and practice in 2012 in response to developments in the UK's treatment of QROPs.  Laila has contributed on matters of tax to a number of Working Parties established by industry to assist on consultation with the States of Guernsey on matters of taxation and tax compliance.  Laila is also a member of the Statement of Practice Working Group, the FATCA Working Group, the CRS Expert Group and the DTA Working Group established by the States of Guernsey's Income Tax Office to assist with the development of guidance on matters of tax and tax compliance.

Laila has written numerous commentaries and is a regular contributor of articles and chapters on Guernsey's tax regime for a number of publications, including for Sweet & Maxwell's European Cross- Border Estate Planning; Thomson Reuter's The European Lawyer Reference Series - Private Client Tax, Bloomberg's Global Tax Guide and the LexisNexis Guide to FATCA Compliance.

Career

Laila is a Solicitor of the Supreme Court of England and Wales (currently non-practising) and an Advocate of the Royal Court of Guernsey. She was previously an associate in the Private Client Department of Allen & Overy in London where she specialised in international and UK estate and tax planning.

Laila is a Liveryman in the Worshipful Company of Tax Advisers and has been admitted to the Freedom of the City of London. She is a member of the Society of Trust and Estate Practitioners.

Member

Society of Trust and Estate Practitioners


Guernsey

Private client, trusts and tax

Within: Next generation lawyers

Laila Arstall - Carey Olsen

Within: Private client, trusts and tax

Carey Olsen’s ‘well-connected and business-mindedRussell Clark and ‘technical specialistKonrad Friedlaender are ‘leading experts in their field with a pragmatic and friendly approach’ and are among the main names to note in the firm’s ‘excellent’ private client and trusts team. As well as a number of applications to the Royal Court concerning momentous decisions on the administration of trust structures, the group recently handled the setting up of family offices, private trust foundations and significant transactions in the fiduciary space. Natasha Kapp is currently acting for a major global bank in a number of matters arising from rogue trading which took place on the investment portfolio held in a trust-owned company, and ‘approachable and helpful’ associate Robert Quinn is part of the team defending the trustees of a Guernsey structure in a breach of trust claim pertaining to investments. Also notable are the ‘unflappablePatricia Montgomery and ‘tax specialistLaila Arstall – ‘what she doesn’t know about tax and compliance law in Guernsey probably isn’t worth knowing about’ – who act as counsel within the team.

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Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
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