Lucy Gordon

Lucy Gordon
Director
Office:
  • Banbury
Phone:
01295 204045
Specialisms:
  • Wills & Probate
  • After Cambridge University and the College of Law in London, Lucy trained at Richards Butler in London, and was admitted as a solicitor in 1992
  • She subsequently worked at the specialist private client firm, Leach & Co. in London before joining Spratt Endicott in 2004
  • Lucy was appointed Associate in 2007 and Partner in 2011
  • Lucy is a recommended lawyer in The Legal 500 UK 2017

Work highlights:

Lucy’s area of expertise includes:-

  • Acting for executors  in obtaining Probate and administering estates, often involving succession claims, UK and foreign taxation, Revenue investigations and ownership reorganization
  • Advising on all aspects of UK personal taxation for residents and non-residents
  • Preparation of Wills
  • Court of Protection work including Deputyship applications, the preparation of Lasting Powers of Attorney and Living Wills
  • Dealing with Local Authorities, the NHS and Care Providers in the provision of funding for care for the elderly
  • Setting up trusts and advising trustees on policy, trust and tax issues; reorganizing trusts; managing the trusts on a day to day basis
  • Preparation of the necessary documentation for overseas clients in claiming UK inheritances in conjunction with the Foreign & Commonwealth Office
  • Lucy is a full member of Solicitors for the Elderly (SFE)

Matters upon which Lucy has recently advised:

  • Advising a family with many homes on strategies for maximising capital gains tax main residence relief
  • Advising an individual shortly to lose his UK non-residence on how best to deal with his worldwide assets
  • Advising on contested succession issues involving a large estate
  • Preparing a number of Court of Protection applications to enable attorneys to deal with the specific needs of their donors
  • Advising potential donors on making lifetime gifts of assets without incurring capital gains tax liability
  • Advising trustees on how to make appropriate provision for the beneficiaries as each reaches adulthood

UK_recommended_lawyer_2017SFE

 

Case Studies

  • Wills and Tax Planning
    Lucy advised a client who wished to set up a trust for minor grandchildren in his Will.   Following recent legislative changes, a single trust or even three separate trusts of this nature would lead to ten yearly and exit charges.  Lucy advised him to use pilot trusts set up on different days during his lifetime for two of the grandchildren, and a third trust in his Will for the last grandchild as well as gifts into the two pilot trusts by that Will.



    Although on death there was a chargeable transfer in respect of the payments made to the grandchildren, none of the settlements were related and each benefited from the full nil rate band, thereby avoiding the ten yearly and exit charges.
     
  • Care for the Elderly
    Lucy has acted for a number of clients in connection with Local Authority claims for care contributions, and in particular one client where negotiations meant that his costs were fully funded by the NHS, rather than the partial Local Authority funding that had been put in place initially. 
  • Estates and Inheritance Tax
    Lucy acted for executors where the farmland in the estate was valued at a relatively low level, but due to activities just before the deceased’s death its market value was vastly more than its agricultural value.  If the executors had claimed agricultural relief only the agricultural value of the land would have fallen out of the inheritance tax charge.   Lucy successfully claimed on their behalf business property relief on the development land, even though the Revenue’s initial view was that on the facts the deceased’s only business was that of holding investments, and therefore outside the relief.   The fact that the claim was successful meant a significant saving in inheritance tax.     
  • Estate Administration
    Lucy acted for executors and administrators where a number of siblings had died within days of each other, some intestate and some leaving wills in place.   Although there was no conflict between the various families, there were additional complications because assets had not been transferred properly during the lifetime of the siblings, and in addition there were financial claims against some of the estates from former spouses.    Lucy resolved the issues and the estates were distributed successfully. 

 

Testimonials

  • We used Spratt Endicott to revise our Wills and Lasting Powers of attorney. They were very professional, the advice they gave was excellent and acted on our behalf very promptly. An excellent service.

    Mr & Mrs B
    Banbury, Oxfordshire
  • Excellent service provided in a very friendly and efficient manner. We were surprised how quickly we received responses, documents etc. following meetings at your offices in Banbury.

    Mr D Slater
    Witney, Oxfordshire
  • We found Lucy Gordon to be very personable and approachable. Lucy very quickly got to grips with our requirements on a private client matter and her advice was very helpful and straightforward. We wouldn't hesitate to recommend Lucy Gordon for considered and sound estate planning advice.

    Mr & Mrs D
    Northamptonshire

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