Nick Rucker, the national head of the London tax, trusts and estates team at Irwin Mitchell Private Wealth, specialises in international structuring for HNW individuals and families. He recently handled the estate of a deceased husband and wife, whose children and grandchildren were domiciled in various jurisdictions. ‘The family wished to make significant contributions to various global charities, as well as make provision for the deceased’s children and grandchildren,’ he explains. Rucker came up with a solution: ‘Eventually the estates were varied to allow for distributions to be made to over 25 individuals and charities resident in more than six different jurisdictions.’
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