Luxury assets often form part of our clients’ lifestyle and identity. From aircraft and yachts, to high value residential properties, classic cars, whisky, wine and art collections, we understand that our clients often have a huge passion for these assets.
The way in which these assets are most appropriately owned can be complex, and there will be many factors to consider, from taxation, legal and regulatory aspects, all the way through to environmental and reputational considerations. What is important, is that the specific circumstances of each client are taken into account and that the solution, no matter its global footprint, legal nature or operational remit, is carefully tailored to meet individual needs.
At JTC, we have over 33 years of private client services experience. During this time we have developed a deep technical understanding of these complex assets, which means we are well-placed to assist clients with all aspects of their ownership and operation. Whilst luxury assets are often ‘assets of the heart’, they nevertheless require a high level of governance and an appropriate balance between commercial interests and family wealth planning. JTC will support you with managing the luxury assets which you already own, or when bringing them into your life for the first time. This may include the establishment and administration of appropriate ownership arrangements, as well as guidance through all stages of purchasing, owning, selling and gifting luxury assets, along with other related matters.
“Within JTC we recognise the importance of bringing strong governance to the complex lives of our clients in a way that is empathic to their needs and priorities. Nowhere is this more acute than with luxury assets.”