Victoria Mahon de Palacios
T: +44 (0)20 7406 1693
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 on methods of mitigating inheritance tax and capital gains tax for both UK and non-UK domiciled individuals through lifetime gifts, onshore and offshore 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 and variations.
She has been named one of the country’s “Top 35 Under 35” private client advisers in Private Client Practitioner magazine for 2011, 2013 and 2014.
- 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 conversion of charitable trusts to charitable incorporated organisations (CIOs).
- Advising on restructuring UK real estate owned by non-domiciled individuals/offshore entities and UK tax planning for individuals leaving the UK.
- Advising mixed US/UK citizen couples on their UK tax and estate planning.
- Advising on Wills for testators with European assets.
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.
Victoria writes a quarterly column for the Solicitor’s Journal on wealth management and is a contributing author to Lexis Nexis PSL’s practice notes on Lasting Powers of Attorney and issues relating to elderly clients.
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.
Wealth Management Update
Caring for elderly family members: out of pocket, out of mind?