Shelley specialises in trust and tax advice, including setting up, administering and winding-up trusts, and advising on the tax issues arising. Shelley advises on succession and inheritance tax planning, prepares Wills and Lasting Powers of Attorney, and acts in the administration of complex and international estates.
Shelley works as part of Osborne Clarke's UK Private Wealth team, which practises across the London, Bristol and Reading offices.
Shelley advises entrepreneurs, including those in the retail and consumer sector, on succession and inheritance tax planning. She also establishes, and acts in, the administration of trusts holding interests in retail and consumer companies, property development ventures and renewable energy enterprises. By way of example, she has recently established and administered a trust holding solar farms and interests in companies dealing in solar energy production.
Shelley has considerable expertise in advising on trusts for beneficiaries with disabilities, including trusts holding compensation received following a medical negligence claim. This includes acting for individuals who have received much-needed compensation relating to the neurological condition 'cauda-equina syndrome'.
I very much enjoy building long-lasting relationships with clients from a wide variety of different backgrounds, and advising at what are often key points in their lives. My work can be as diverse as: setting up trusts to provide for family members with particular needs; advising on succession planning for business owners; dealing with the administration of an overseas estate; tax planning for a retiring couple, or advising on the administration of a family trust.
I have been grateful for the opportunity to act for the trustees of a number of charitable trusts and foundations, including advising on substantial charitable donations made to causes in the Bristol area.
Shelley is ranked in the Chambers High Net Worth 2022 directory as an 'associate to watch', which says that:
'she has an excellent knowledge of trusts and probates" and "is very friendly and approachable, as well as appearing businesslike and efficient in her approach to our dealings".
The Legal 500 2022 directory describes Shelley as:
'very professional, with an amazing memory and close attention to detail.. She is sympathetic, good at listening to concerns and at explaining legalities and procedures.. Proactive and available.'
Work
Trust for disabled beneficiary
Setting up a trust for the benefit of a disabled beneficiary, to hold funds received from a US living trust under the terms of the settlor's US Will.
Local Manufacturing Entrepeneur
Advising a local manufacturing entrepreneur, operating in the UK, Europe and the US, on succession planning and trust creation.
Administration of a substantial charitable foundation
Acting in the administration and winding-up of a substantial charitable foundation set up by a former Bristol mayor and entrepreneur, including advice relating to the largest donation made to Bristol Cathedral in recent history.
Administration of the UK estate of a Maltese domiciliary
Acting in the administration of the UK estate of a Maltese domiciliary, and advising on the implications of a Jersey trust created by the deceased.
Administration of the UK estate of a German domiciliary
Acting in the administration of the UK estate of a German domiciliary with a Will executed in accordance with the deceased's Irish nationality.
Trust Administration for the Shareholding of a quarrying company
Acting in the administration of two trusts together holding a substantial shareholding in a quarrying company, including advising on the options for the company's investment portfolio.
Administration of a complex insolvent estate
Acting in the administration of a complex insolvent estate, where the deceased held business interests in a number different countries, and involving an application for court guidance on the distribution in light of the estate's contingent and disputed liabilities.
Bare trust for the grandchildren of a Taiwan domiciled client
Setting up a bare trust for the grandchildren of a Taiwan domiciled client, for the purpose of purchasing UK property tax-efficiently.
Tax and trust advice on a company restructuring
Advising on the tax and trust implications of a proposed restructuring of an events company, as part of a family's planning for inheritance tax.
Trust holding companies, farmland and an airfield
Acting in establishing and administering a substantial trust holding companies and shareholdings, an interest in a partnership, farmland and investment properties, an airfield and a telecoms tower.
Personal injury trust
Setting up a personal injury trust to hold medical negligence awarded for the avoidable amputation of an elderly client's leg. Advising on the protection of the award in the client's lifetime, in conjunction with inheritance tax planning.
Advising the legal team of an investment management company
Advising the legal team of an investment management company on the implications of improperly constituted trusts, the court's decision on which was recently reported.
Insights
Real estate
Jersey Property Unit Trusts may now need to be on HMRC's trust register
Guidance for unauthorised unit trusts including JPUTs changed on 31 January
16/02/2023
Financial Services
Fund managers may urgently need to register express trusts with HMRC
The deadline to sign up is imminent, with exclusions unlikely to apply for trusts set up by Limited Partnership Agreements
23/08/2022
Tax
HMRC deadline looms for registering express trusts: what's changing?
Which trusts are now required to register, what are the deadlines and what are they required to disclose?
11/08/2022
