Not a technical question as such, just wondering how people deal with this type of advice.
Sometimes we receive instructions directly from tax advisers who have already given client advice and we are just asked to carry out certain company alterations and perhaps prepare trusts.
Other times we advise a client they may benefit from a family investment company. I am wondering how others draw a line in terms of where the advice is given from. As lawyers do you provide a relatively detailed advice of the structure and tax benefits, before asking a tax adviser to perhaps add some more detailed tax advice? Alternatively do you provide some initial high level advice but ask a tax advisor to provide a more detailed report on the structure and tax advice.
As we are providing more and more of this type of advice I am interested in how others approach it and what approaches clients seem to prefer? Appreciate there is no right answer, just interested to see what others are doing.