Navigating Sudden Wealth Syndrome
26 Jun 2023
Location: 12:00-1:00 pm UK Time Virtual Event (Zoom) Members: Free to attend - Book by 26 Jun Non Members: Register above as a member and attend for FREE - Book by 26 Jun
Highlights
Simon Gibb and Diva Shah will discuss how individuals who unexpectedly come into large sums of wealth can feel isolated from friends and family, guilty about their good fortune or fearful that they will lose their newfound wealth because this of the unfamiliar territory.
The panel will discuss:
- What does an advisor need to be mindful of when dealing with a client in this circumstance to assist them with preparing for their new ‘world of wealth’?
- What signs of abuse/exploitation should advisors look out?
- What information should advisors make sure these clients understand?
Partner
McDermott Will & Emery
Simon Gibb focuses his practice on tax advice, trust and estate planning for UK and non-UK resident and domiciled individuals, including on the protection and devolution of trust assets. While he advises on all aspects of personal taxation and structuring, his practice has an emphasis on the structuring of family businesses through trusts and foundations. Simon is regularly involved in both non-contentious and contentious tax work.
McDermott Will & Emery
Associate Private Client
Kingsley Napley
Diva acts for various clients including high net worth individuals, entrepreneurs, executors, trustees and individuals who lack mental capacity on a broad range of matters including:
• lifetime succession and estate planning
• wills and Lasting Powers of Attorney; • probate (the administration of estates)
• creation of and administration of trusts
• succession planning for companies (well established companies and start-ups)
• applications to the Court of Protection preparing statutory wills and gift applications for those lacking capacity.
Kingsley Napley
Agenda
Speakers:
Simon Gibb - Partner - McDermott Will & Emery
Diva Shah - Associate Private Client - Kingsley Napley
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Contact Us
If you are interested in this event and would like some more information before making your decision to attend please contact Anne-Sophie Hofmann on or email anne-sophie@thoughtleaders4.com