Paraic Madigan Partner | Head of Private Client
T: +353 1 232 2000
D: +353 1 232 2187
E: paraic.madigan@matheson.com
W: www.matheson.com
Expertise
Paraic Madigan is a partner and head of the Private Client Department at Matheson. He advises on personal estate and tax planning, wills, trusts and international estates. He has particular experience in trust and estate disputes, whether advising personal representatives, trustees or beneficiaries. His work also includes advising individuals and families on investment vehicles, appropriate trust structures and the transfer of assets by gift or inheritance for estate planning and asset protection purposes. He also advises clients on tax planning when moving to Ireland and the taxation implications for beneficiaries of offshore trusts. Paraic also advises charities, not for profit organisations and donors in relation to charitable giving. Paraic is an associate of the Irish Taxation Institute (Chartered Tax Advisor) and a former member of the Council of STEP (Society of Trust and Estate Practitioners). He is a member of The International Academy of Estate and Trust Law and a regular speaker on tax and estate planning issues.
Experience Highlights
Paraic’s recent work includes:
advising a widow following the death of her spouse on contentious trust and estate matters, including the tracing of valuable assets settled by her spouse during his lifetime in complex offshore structures. This also involved a six day hearing in the High Court (Scally v Rhatigan) in a successful application to remove an executor for reasons of conflict of interest
advising on the legal and tax aspects of a complex trust dispute on behalf of a branch of a family concerning a large UK / Irish business. This involves providing advice on a complex trust restructuring, considering Irish anti-avoidance tax legislation and advising on the domicile of certain persons
advising a Hong Kong based family on the Irish tax issues for a family member inadvertently subject to significant Irish Capital Acquisitions Tax because of long term Irish tax residence
advising on duties and responsibilities in the administration of complex estates with property assets and significant indebtedness
advising Irish resident settlors of trusts on the implications of anti-avoidance legislation introduced in the Finance Act 2012 which attributes capital gains to such individuals