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James Sedgley, Associate at Penningtons Manches
Areas of expertise: Private client and tax, Private wealth

Profile

James is a Senior Associate in the London private client team and acts for individuals, trustees and families in a wide range of domestic and international tax and succession matters.  

He regularly advises individuals and families on the succession of family wealth through the use of tax efficient Wills, lifetime gifts and the creation of trusts and corporate asset holding entities.   James administers a number of complex family trusts and advises international clients on residence and domicile issues, including the ownership of UK property.  He is experienced in probate administration of complex estates, often including family businesses and international elements.  James also works closely with the firm's family team providing tax and asset structuring expertise in connection with relationship breakdowns and financial remedies.

James qualified into the private client team in 2010 and is a full member of STEP, the world's leading organisation for private wealth professionals.  He has completed the STEP Diploma in Advising International Clients in UK Tax and the Cause4 Trustee Leadership Programme.  He is also a member of Citywealth Wealth Professionals club.

Recent work highlights

  • Administration of a substantial farming estate with assets qualifying for agricultural and business property relief for IHT.
  • Advising trustees and a family with three generations of beneficiaries on the tax efficient succession and re-structuring of a substantial estate held in trust.
  • Advising on and implementing the transfer of client's UK property holdings and the liquidation of corporate structures.
  • Advising a client in connection with IHT efficient gifting of assets, including gifts of normal expenditure out of income.
  • Providing CGT and IHT mitigation advice in connection with a multi-jurisdictional financial settlement following divorce.

Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP