Victoria Mahon

Partner

Private Client
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Expertise

Victoria’s practice includes all aspects of private client work. She has expertise in Court of Protection and elderly client work to include advising on applications to the Court regarding deputyship appointments, mental capacity issues, powers of attorney and protection of assets for vulnerable beneficiaries.

She advises individuals on methods of mitigating inheritance tax and capital gains tax through lifetime gifts, trusts and tax-efficient wills, together with advising on the administering of estates and trusts.

Victoria also advises on the establishment of new charitable structures, charity mergers / variations and matters relating to the administration of charities.

Victoria is named in the Citywealth Top 100 Private Client Lawyers list 2021 (particularly due to her work in the philanthropy sector) and was awarded Silver in Citywealth’s Lawyer of the Year, Senior/Managing Associate in 2020. She was previously named one of the country’s “Top 35 Under 35” private client advisers in eprivateclient magazine for 3 years.

Recent Experience

  • Applying to the Court of Protection for authority for gifts to be made on behalf of incapacitated individuals.
  • Setting up and advising on trusts for disabled persons.
  • Advising on the re-structuring of charities to include the conversion of charitable trusts to charitable incorporated organisations (CIOs).
  • Advising mixed US/UK citizen couples on their UK tax and estate planning.
  • Advising on Wills for testators with European assets.

Career History

Victoria qualified into the Private Client team in September 2006 after completing her training contract with Wedlake Bell.

Victoria is a member of the Society of Trusts and Estates Practitioners (STEP) as well as the STEP Mental Capacity Special Interest Group and the STEP Cross Border Estates Special Interest Group.

Publications

Victoria is a contributing author to Lexis Nexis PSL’s practice notes on Lasting Powers of Attorney and issues relating to elderly clients. Victoria’s most recent articles have been in Charities Management magazine and eprivateclient magazine on trustee loans to charities.

Victoria has also contributed to the Law Society’s PS Magazine regarding legal tests to assess mental capacity and Rothschild’s Trust Review as well as being quoted in numerous articles in the press, such as the Financial Times and the Telegraph, regarding probate matters and asset protection. Victoria was also the author of the introductory chapter to ARK’s Private Client: An Expert Guide book.

News

What does the Powers of Attorney Bill mean for those creating and registering Lasting Powers of Attorney?

To read this article as it was originally posted on Lexis PSL, please click here.

News

Making Charitable Aspirations a Reality

The unprecedented Covid-19 pandemic has impacted us all in so many ways – for some of us this extends to influencing new philanthropic ideas or even spurring some into finallyRead more

News

IFA MAGAZINE: BBC’s The Split raises questions over assisted dying. Wedlake Bell’s Victoria Mahon de Palacios shares her thoughts

The final episode of The Split series airs on BBC1 tonight and addresses the difficult issue of terminal illness and advance care planning.  One of the characters, Lenny, who isRead more

Globally Speaking

Lasting Powers of Attorney for International Clients

Making a Lasting Power of Attorney under the law of England and Wales (an “LPA“) – appointing someone to manage your affairs in England and Wales in the event ofRead more

News

EPrivateClient: BBC’s The Split raises questions over assisted dying

Victoria Mahon de Palacios has written a piece addressing the questions the episode raises over assisted dying, published in eprivateclient. To read in full her, please click here.

News

Mergers and acquisitions of schools

Victoria Mahon de Palacios has written a piece on the responsibilities of trustees when considering and preparing for a school merger or acquisition, published in Charities Management. To read theRead more

News

Part 1- The Resurgence of the Benevolent Society

The Covid-19 pandemic has sparked a tremendous amount of interest in employee benevolent societies or hardship funds. Sometimes described as one of the charitable sector’s best kept secrets these occupationalRead more

News

Charitable gifts and cy-près

The recent case of Attorney General vs Zedra Fiduciary Services (UK) Limited and others [2022] EWHC 102 (Ch) has brought the concept of cy-près into the spotlight. Victoria Mahon deRead more

Bulletins

Wealth Management Update

Victoria Mahon de Palacios, a senior associate in the Private Client Team, summarises recent developments in the wealth management industry, including the upcoming changes to the taxation of non-domiciliaries andRead more

News

Guarding against divorce when married couples are on charity boards

Following the divorce of Bill and Melinda Gates, Victoria Mahon de Palacios considered how trustees should respond to the risk of a divorce situation when married founding benefactors sit onRead more

Bulletins

Caring for elderly family members: out of pocket, out of mind?

Victoria Mahon de Palacios, Senior Associate in the Private Client team at Wedlake Bell, and a specialist in Court of Protection and elderly client work, discusses the recent case ReRead more

Bulletins

Duties of Attorneys under a Lasting Power of Attorney (‘LPA’) for Financial Affairs

1. When does an Attorney’s authority begin? An LPA cannot be used until it has been registered with the Office of the Public Guardian (‘OPG’).  If the LPA contains aRead more