Tatiana Akhmedova, the former wife of Farkhad Akhmedov, a Russian billionaire, has secured the sale of a £4.5 million helicopter owned by her husband. The sum is the first recovered by Ms Akhmedova in partial settlement of an award of over £450 million made by the High Court in financial remedy proceedings arising from the…
When someone dies, dealing with their estate can be seen as a simple clerical task, with no need to involve lawyers. Whilst that can be the case, more often it is not – and the time involved in dealing with unfamiliar procedures should not be underrated.
We have extensive experience in dealing with the legal and practical aspects of administering estates of all sizes and every degree of complexity, and in doing so sympathetically at what will always be a difficult time for those directly affected.
As a matter of course we advise how best to maximise inheritance tax, income tax, and capital gains tax reliefs during the period of administration of the estate.
We are very well used to cases with an overseas dimension, and to resolving the taxation and practical difficulties which tend to arise, often with the assistance of overseas lawyers, many of whom are well known to us.
Sadly, disputes arise all too frequently, and we are always alert to this possibility, advising on the best approach to achieve the desired outcome, whether by sensitive negotiation, formal mediation, or, where necessary, through the Courts.