32nd Annual International Private Client Tax Conference - Around the world with private clients: advising through change, challenge and uncertainty
28 Feb - 2 Mar 2027
Session information
The long arm of the law - advising in a distressed situation
Monday 1 March (0900 - 1015)
Description
Private wealth comes under scrutiny; the boundaries between wealth planning, dispute resolution and criminal enforcement can quickly disappear. Tax investigations, allegations of financial misconduct, asset-freezing measures and competing claims can place individuals, families, trustees, and their advisers under intense pressure - often across multiple jurisdictions. Bringing together wealth planning, high-profile families, litigation, white-collar crime, anti-money laundering (AML) and compliance perspectives, this panel will explore how advisers can respond when a client’s affairs enter distress. Topics will include the vulnerability of individuals, trusts, and other wealth-holding structures; asset preservation versus unlawful asset shielding; disclosure and reporting obligations; legal privilege; and the risks facing advisers and fiduciaries. Through practical scenarios, panellists will examine how to coordinate a cross-border response, manage conflicting duties, and protect clients’ legitimate interests.