Private Wealth Law
High Net Worth Guide 2024 : London (Firms)
Band 1
Email address
[email protected]Contact number
(020) 7863 8333About
Provided by Forsters
Forsters Private Wealth practice provide advice on all aspects of wealth planning to a range of clients, including individuals, trustees, family offices and private banks. Clients are both domestic and international and the team have a strong reputation in the US, Asia, the Middle East and other global wealth centres. Their partner-led approach, combined with their ability to find practical solutions is what matters to their clients. Advice is tailored to meet their clients’ objectives – that might be tax efficiency, asset protection or succession planning.
The Private Wealth team make sure they have a close involvement with leading professional bodies and tax working groups to ensure that they are always abreast of the latest developments in the law. In addition, they maintain the traditional values of discretion, quality and approach-ability which have enabled them to become trusted advisors. From their office in London, they have the flexibility to work either with their clients’ existing advisers in other jurisdictions, or choose the best international private client lawyers from their own extensive overseas network. They frequently act as a single point of contact for international clients, and have the reach and expertise to coordinate advice from different jurisdictions.
The core areas of their practice include:
- Tax, trusts and estate planning
- Family Governance
- Wills and succession planning
- Probate and mental capacity issues including lasting powers of attorney
Chambers Review
Forsters is well regarded for its expertise in matters such as tax, succession and estate planning. It has a depth of experience in advising high net worth individuals and families on how to achieve their wealth structuring goals.
Strengths
Provided by Chambers
"It is a very commercial practice, good at breaking down issues and I am pleased with the practicality of advice. The team is very responsive and moves things at fast pace."
"The team comprises a number of first-class practitioners who are incredibly responsive and available even out of hours. The team is also extremely knowledgeable."
"Forsters is well resourced for thorough responses. The team is also well connected and knowledgeable on a wide range of commercial issues."
"The team covers multiple areas and is made up of very experienced senior team members with ample experience, as well as younger advisers who are full of energy."
"Forsters' technical acumen and experience has always helped us navigate through complex scenarios."
"It is a very commercial practice, good at breaking down issues and I am pleased with the practicality of advice. The team is very responsive and moves things at fast pace."
"The team comprises a number of first-class practitioners who are incredibly responsive and available even out of hours. The team is also extremely knowledgeable."
"Forsters is well resourced for thorough responses. The team is also well connected and knowledgeable on a wide range of commercial issues."
"The team covers multiple areas and is made up of very experienced senior team members with ample experience, as well as younger advisers who are full of energy."
"Forsters' technical acumen and experience has always helped us navigate through complex scenarios."
Notable Practitioners
Nicholas Jacob is highlighted for his expertise, particularly for cross-border matters linked to Asia, particularly in Singapore. He advises ultra high net worth families on business and personal wealth structures, including trusts, private trust companies and family funds.
"Nicholas is particularly strong on client judgement. He is excellent all round but particularly well known for his expertise in family governance matters and specialises in advising Asian clients."
"Nicholas Jacob is incredibly knowledgeable and has extensive Asian experience."
"Nick Jacob has a great reputation in Asian market, especially for succession planning."
Daniel Ugur is highlighted for his expertise in private wealth work originating in Asia. Ugur advises high net worth clients on estate planning and business structuring. He frequently advises families on succession planning, using governance structures within family businesses for generational wealth transfer and business succession purposes.
"Daniel is an extremely nice person. He is incredibly bright and a personable individual."
"Daniel has a deep understanding of complex family dynamics and governance structures. With vast experience in Asia, he has a strong understanding of the cultural nuances and can tailor his advice."
Emma Gillies advises high net worth clients on cross-border tax and estate planning, with an emphasis on the use of trusts. She often acts for clients relocating from the US to the UK.
"She is amazing; she is strong technically and has a very pleasant manner with clients. She gives very sound practical advice and she gives very actionable advice that clients can follow."
Kelly Noel-Smith has experience across a wide range of private wealth matters with particular expertise in advising family offices on tax and trusts. She frequently works on cross-border matters, involving offshore structures.
"Kelly Noel-Smith is an extremely professional, friendly, pragmatic lawyer who can build a cohesive team with other advisers."
Xavier Nicholas is head of the private client department at Forsters. Nicholas is experienced in a range of matters including trusts and taxation, asset holding structures and family governance.
Charlotte Evans-Tipping focuses on estate, tax and succession planning, and frequently works on matters for international high net worth clients. She was promoted to Partner in April 2023.
"Charlotte Evans-Tipping is responsive and technically good."
"Charlotte Evans-Tipping was very helpful, personable and was able to assist with the issues in question."
James Brockhurst avidly advises wealthy international clients and family offices on tax and trusts matters.
"James gives a lot of attention to details, which we greatly appreciate."
Ranked Individuals at
Forsters
London (Firms)
Members
Provided by Forsters