Mylor Beames
Associate
Services
Private client and tax
Sectors
Private wealth
Mylor is an associate in the private client team, with broad experience of lifetime tax planning, as well as succession planning.
Since qualifying as a lawyer in 2006, Mylor has specialised in private client matters and tax planning at a number of top ranked firms. He advises clients on UK succession planning (wills, trusts and exemptions from UK inheritance tax), as well as on lifetime tax mitigation strategies such as the establishment of family investment structures. He also advises clients with international connections on the UK’s statutory residence test and associated immigration/emigration planning, individuals’ ‘domicile’ status (now superseded by ‘long term residence’ status), and offshore trusts and structures.
Even the most routine private client matters can give rise to unexpectedly complicated legal considerations. The tax implications of clients’ options then invariably complicate matters further. I specialise in breaking down the key points – enabling clients to make fully informed decisions that balance their family’s needs in light of both the tax and legal consequences.
Mylor has an interest private banking arrangements and the taxation of investment products after working as a wealth planning consultant at UBS Private Bank in London. He is a member of STEP, the world’s leading organization for private wealth professionals, having completed the ‘exam route’ with merit. Mylor recently contributed to HMRC’s ‘listening events’ on the reforms to the taxation of non-domiciled individuals.
Recent work highlights
Family partnerships and investment
Inheritance tax savings
UK trust corporation
Business property relief
Non-resident advice
What people are saying
Penningtons provided excellent service throughout the matter, with prompt and courteous responses that were always clear and easy to understand.
