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Better, but still might get the taxman sniffing around. Reminds me of the Private Eye cartoon with a father with his arm over his son's shoulder, looking out over the rolling countryside saying "One day, son, all this will be in your wife's name".
Or, if you're Philip Green, owned by your wife's Monaco-based trust fund.
On the yacht owned by a BVI-registered company with shareholders in Jersey and directors in Panama that you just happen to have available for your use...