Introducing Family Mediators to basic tax issues
The aim of this training is to introduce family mediators to basic tax issues likely to come up for a separating couple, and then build on those basics – a sort of Tax 101. Tax sits in the background of all financial decisions, and separating assets on divorce is no exception, particularly where there are significant assets between the parties. With both parties getting less than they want, losing money to tax only makes matters worse for both of them. This workshop will start with the very basics, and work up from there: no prior tax knowledge is needed! The focus will be on Capital Gains Tax, but we will also consider Stamp Duty Land Tax, and Inheritance Tax.
Jacob Cork is a Senior Associate at Mills & Reeve, advising on estate planning and tax, particularly for wealthy or international families and trusts. Jacob works closely with the very strong Mills & Reeve Family Team, advising behind the scenes on the various tax issues that can arise on divorce or separation.