Is The UK More Attractive Post-Brexit?

Last week our own Neelai Patel spoke at an LB Business Network event organised and hosted by the law firm Howard Kennedy, looking at the question of whether the UK will be a more attractive destination for business post-Brexit. Mr Patel's presentation offered a case study to illustrate the specific benefits of an excluded property trust for asset protection in the case of:

• Potential bankruptcy
• Potential divorce
• A necessity to applying income for minors
• Succession

"The scenario"

Kylie and Jason, a married couple from Australia, have two young children, and hold two classes of assets: a collection of wines and an overseas holiday let.

The couple want to immigrate to the UK and set up an excluded property trust (EPT). Both individuals are non-UK domiciles and their assets are non-UK situs.