Private Wealth
Our experts are on hand to guide you through the technicalities of administering an estate and, when necessary, put sensible steps in place to protect your inheritance for the benefit of future generations.
With one of the UK’s leading teams for Wills, trusts, inheritance tax planning and probate, our lawyers help to find creative legal solutions to protect and manage our client’s wealth now and in the future. We work with families, business owners, family offices and individuals in Hertfordshire, London and across the UK who have significant wealth.
Working closely with other professional advisers including financial planners, banks and accountants, we provide a bespoke and fully-integrated service to high net worth families and individuals, many of whom own landed estates, business and property assets in the UK and overseas.
Our aim is to help create a future for clients and their families with certainty and clarity, but with enough flexibility to address changing circumstances and unexpected events.
Our reputation is built on trust; we have long standing relationships with generations of families; and have combined our experience with creativity to grow a strong and loyal client base who trust us to look after their individual legal needs as well as their family’s.
Our private wealth team can help you with:
Our aim is to help create a future for you and your family with certainty and clarity by providing the highest quality legal advice and service. We work with you to help protect and manage your wealth now and in the future.
We help high net worth individuals who have significant business, land or property assets in the UK and internationally, working with generations of families, unmarried couples, civil partners, individuals and business owners.
Our lawyers will work with you to ensure that you consider and plan for the future of your business to ensure that it passes to your chosen beneficiary on your death in accordance with your wishes. We can also work with you in your lifetime to structure the business to allow for it to be run effectively if you are unable to look after it yourself.
It is also essential for business owners to consider powers of attorney to ensure that their business can continue to be run at a time when they may not be able to run it themselves.
Writing and reviewing your Will
Our lawyers work with clients who have complex financial structures; they often own businesses or numerous properties or have significant pensions and savings. When financial circumstances are so complex, it is essential to have a professionally drafted Will in place that takes in to consideration your circumstances, so wealth is passed to the right people after they die.
Lifetime planning
Our lawyers can also advise on all the legal aspects of lifetime planning, including lasting powers of attorney, court of protection and long term care planning so that if you are no longer able to make financial or personal decisions, then someone you trust can make them for you. This is particularly important for high net worth individuals who have wealth to manage and protect.
Tax planning
We help high net worth individuals and families find solutions to minimise inheritance tax and capital gains tax. Our lawyers also advise on agricultural property relief and business property relief, which is particularly important if you own landed estates or business and property assets in the UK and overseas.
Wealthy estates far exceed current inheritance tax thresholds. This means everything above the thresholds that is not left to your spouse or civil partner, will be taxed at 40% upon your death, under the current rules. The sooner you find out what your tax liability is, the sooner you can plan to limit it so that more of your estate will be inherited by your loved ones.
Probate and estate administration
When a person dies, the family and close friends are faced with the daunting task of administering the estate. This can be particularly stressful when an estate is complex, large or varied as there may be assets abroad, various portfolios, businesses and properties to deal with. Whatever the size or complexity of an estate, our specialist team of lawyers will guide you through the probate process and can also take on the role of executor if required.
Will and inheritance disputes
With an increasingly wealthy population, it is perhaps no surprise that there has been a rise in the number of disputes about who inherits and who does not. Our specialist lawyers advise on all disputes surrounding Wills, trusts and inheritance. They take a pragmatic approach to make sure clients get the result they want before it becomes a lengthy and costly dispute.
Our specialist lawyers look to find legal tax solutions, tailored to clients’ needs and requirements. We take a long term view, ensuring you stay compliant and your wealth is protected for the future.
Setting up and administering a trust
Trusts can be a very effective way of managing your wealth now and in the future. They can hold a wide range of assets such as property, shares or family heirlooms.
A trust gives assets to people you choose (the trustees) to hold for the benefit of others (the beneficiaries). It can be set up during your lifetime (by using a trust deed) or upon death (by inclusion in your Will) and can be used as a practical tool for inheritance tax (IHT) planning.
Our specialist team will advise you on the type of trust to suit your circumstances and work with you on the ongoing administration of trusts, providing practical and realistic advice that is suitable for your lifestyle.
Professional trustee services
The benefits of appointing independent professional trustees are considerable. Not least to avoid a potential conflict of interest, but often complex trusts require specialist knowledge, expert opinion and years of experience to ensure the right trust is created for your needs and managed effectively.
Our partners value the trust placed in us by our clients and we regularly act as independent professional trustees, often for complex trusts holding property, investments and cash. We place great emphasis on our professional, objective and confidential approach and will do everything we can to protect your wealth.
Family life is rewarding and challenging in equal measure but there are times when you may need the help of specialist family and divorce lawyers, whether you live in the UK or overseas. You may simply want to know what your rights are or understand the implications for your children or your financial position if you take a particular path, such as divorce for married couples or separation for unmarried couples.
Whether it is the beginning or the end of a relationship, or anything in between, we work in all areas of family law and divorce and will take you through the procedure step by step in a straightforward and helpful way.
We work with individuals, couples, parents, same-sex couples and grandparents in Hertfordshire, London, across the rest of the UK and internationally to support you and find your way through this very complex area of law.
Our family law team advise on highly contested divorces involving significant personal assets, with complicated business interests and challenging child arrangements, often involving an international element. We also deal with more straightforward situations, where as a couple you have simply grown apart and wish to go your separate ways.
We will do all that we can to make the whole process as amicable and painless as possible, including helping couples try to find solutions without the need to go to court and have a judge make decisions for you. We will always explore and discuss with you how best to deal with your particular issues and problems,
Buying or selling your home is a big investment, but having the right legal conveyancing team working with you can help to make it a straightforward and stress free experience. As conveyancing solicitors, we take care of all the legal aspects of buying and selling residential properties in Hertfordshire, London and throughout England and Wales. Working with families, couples, individuals, first and second time buyers and investors, we keep you regularly updated on progress and developments.
Properties range from multi-million pound houses to one bedroom flats, in prime residential areas. We make the most of our knowledge of the local property market to identify any potential issues and work to overcome any barriers quickly.
We can help you with all aspects of buying, owning, financing and selling residential property, including:
- owner-occupied and investment property ownership transfers
- buying or selling investment and buy-to-let properties
- re-mortgaging
- mortgage and property equity release
- lease extensions and buying freehold
- buying and selling properties at auction
Commercial property
If you are looking to buy commercial real estate, our lawyers can guide you through the process to help you successfully acquiring the property you want. We are well connected with a number of banks who can help you if you are looking to finance the acquisition.
If you have invested in commercial real estate it is important to attract the right tenants and make sure you carry out regular rent reviews; our lawyers can guide you on this to ensure you maximum profits.
Employment issues
If you own or run a business it is important that you are alive to employment legislation. Our employment lawyers regularly work with owner managed/family businesses, entrepreneurs, SMEs, helping them to navigate the complexities of employment law and minimise commercial risk. Even if you employ staff at home, such as nannies, gardeners and cleaners, you need to make sure you abide by certain legal requirements.
When complications arise, we take a commercial and creative approach to protect your reputation and avoid lengthy and costly disputes.
Entrepreneurs
Successful entrepreneurs have to take on lots of responsibilities as their business takes off, often at a particularly fast rate. It is important that as the business succeeds, you have the right legal set up in place to manage and keep up with rapid growth, such as intellectual property rights for your brand, standard terms of business for your clients and suppliers and employee contracts.
Whether your business has just started out, you have gone though a merger or are looking to invest and grow your business further, our lawyers are here to help you succeed, make sure you comply with all current legislation and ensure you understand any potential risks you may face.
If you require more information contact us today and a member of our team can help you.
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