Private Wealth Law

Types of work handled

• Tax planning and mitigation
• Creating and administering trusts
• Preparation of wills and powers of attorney
• Probate and estate administration
• Estate planning
• Court of protection

Categories of clients

• High net worth
• Landed estates and rural business owners
• Vulnerable clients
• Entrepreneurs directors and shareholders

Recent work highlights

• Helping clients mitigate inheritance tax by making maximum use of the exemptions available to them and setting up trusts and tax efficient wills.
• Complex estate administration where there were over 30 beneficiaries, each receiving different entitlements and over 100 different shareholdings and properties.
• Assisting trustees in negotiating with HMRC where the trustees did not realise they were obligated to complete tax returns to HMRC and therefore had not done so for over 10 years.
• Successfully obtaining agricultural property relief and business property relief for several clients.
• Successfully claiming the inheritance tax exemption for gifts out of income.
• Preparing Wills where there has been a second relationship to protect the surviving partner whilst guaranteeing assets will pass in the long-term to the children of the first marriage.

Specialisations

• Protecting family wealth
• Intergenerational planning
• Vulnerable adults
• Mitigating tax liability
• Business assets
• Agricultural assets