Liz Palmer

Spear’s Review

Liz Palmer is head of private client and family at Howard Kennedy, where she provides clients with advice on inheritance tax mitigation and devolution of family wealth.

The disconnect between jurisdictions when it comes to interpreting Common Reporting Standard (CRS) rules can be a recipe for disputes with the taxman. ‘You can get a scenario where a piece of CRS compliance arises in one of the offshore jurisdictions for an individual who’s never had any requirement to report that structure to their domestic tax authorities,’ Palmer explains.

In any case, she is always there to help her clients: ‘It can be a bit frightening, a bit confusing, and [my role is] to get their affairs tidied up as neatly and as painlessly as possible.’

Adviser Profile

Liz Palmer’s clients are diverse but what they all have in common is a need for clear, commercial, and tax-driven private wealth planning advice to achieve succession without dispute. She leads the private wealth sector and private client and family teams.

Palmer advises wealthy families, business owners, property investors and creative clients about inheritance tax mitigation and the devolution of family wealth. She regularly acts for non-UK res/dom individuals and specialises in the creation of offshore trusts.

Her practice has a UK/US estate planning focus and often involves cross-border succession planning for international clients with personal and business assets all over the world.