Elizabeth Armstrong (TEP)

Elizabeth Armstrong (TEP)

Managing Director & Solicitor, Private Client

Having completed a Degree in Russian and German at the University of Durham, Elizabeth subsequently attained her legal qualifications at the College of Law, York, qualifying as a solicitor in 1998. Throughout her legal career, Elizabeth has worked in private practice and from 2003 to 2008 lectured for the Open University’s Law Degree, specialising in Land Law, Equity and Trusts, thereby covering all aspects of “ownership”. Elizabeth joined Latimer Hinks in 2005 becoming a Partner in 2012, a Director in 2014 and Managing Director in 2020.

Areas of practice:

With a formidable knowledge in estate, wealth and tax planning, Elizabeth often acts in complex matters and for high-net-worth individuals, Trusts and estates working closely with other professionals such as accountants, financial advisors, land agents/valuers and specialist lawyers.  Elizabeth currently heads the company’s Trust Department and leads the Private Client Team alongside fellow Director Natalie Palmer.

She regularly advises farming and business clients in relation to all areas of private client work.

Due to her experience and specialisation, Elizabeth is often appointed in her professional capacity as a Trustee, Executor and Attorney.

Elizabeth is a fully accredited member of STEP (The Society of Trust and Estate Practitioners) and in 2009, as part of the Chartered Tax Adviser examinations, received the Avery Jones Medal for the highest mark in the application and interaction of taxes paper.

Recent matters:

  • Advising a family in receipt of a large inheritance in relation to protecting assets for vulnerable beneficiaries and reducing their exposure to Inheritance Tax
  • Making an emergency application for Probate in a taxable estate and undertaking contemporaneous planning to reduce the immediate charge for Inheritance Tax
  • Advising a farming family in relation to structuring their affairs to maximise valuable reliefs
  • Acting in the administration of high net worth estate including business assets, lifetime gifts and a number of Trusts
  • Creating Trusts to interact with a Family Investment Company with long term generational tax planning in mind
  • Preparing Wills and various Trusts for family wishing to reduce estate and benefit other family members
  • Dealing with a complex Inheritance Tax Return reporting on ten-year anniversary and exit from a Trust holding various assets, some attracting tax relief and some not

 

 

Let’s use the rest of the lockdown wisely, and get our “home office” in order

17th June 2020Read More