Hawksford webinar to focus on India

Posted: 29/07/2020

Hetal Sanghvi_EdwinCoe_jul20Hawksford and London-based law firm Edwin Coe are to host a webinar next week looking at cross-border wealth structuring for global Indian families.

Hawksford Director Michael Powell, who also leads the firm's India desk, will co-host the event on 5 August with Edwin Coe Tax Partner Hetal Sanghvi (pictured).

The webinar will seek to provide answers to eight questions asked by global Indian high-net-worth families planning for succession, particularly in light of Covid-19:

• I have family members relocating to the UK – what are the key tax considerations that should be included/considered? How long can it take? 
• At what point do I or my family become UK tax-resident? 
• What is a trust and how can it help me with my family governance and succession plans?
• I want and like to maintain control – what are my options for achieving this? 
• What are the rights and duties of a settlor, trustee, beneficiaries and protector in a trust structure? 
• I am worried about the fiscal impact of Covid-19 in India and what this could mean for my accumulated wealth – how can cross-border wealth diversification help me?  
• How do I ensure a robust structure can be achieved?
• What are the practical challenges to overcome to successfully plan for India/UK succession?

The panellists

Michael Powell, who is based in Jersey, has more than 30 years’ experience of working with families, young entrepreneurs and the inherited wealthy. He has helped establish, administer and help clients on a wide range of specialist structures, including managed trust companies, private trust companies, family office services and UK tax planning. 

Hetal Sanghvi leads the India team for Edwin Coe. She has substantial experience in dealing with HMRC investigations, offshore disclosures and providing tax advice to HNW and UHNW private clients. She helps identify tax-efficient planning opportunities for clients as part of a process to regularise their tax affairs. 

To sign up to the webinar click here


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