The Private Wealth Management Department advise our UK and UK domiciled clients on all aspects of governing their family succession and lifetime planning.
The team is well versed in advising our clients in drawing up a lifetime strategy and structuring their wealth to follow this path. The team works in conjunction with all the other departments in the firm thereby providing our clients with a full service legal solution.
Private wealth management & structuring nowadays may involve the use of trusts or general partnerships while other solutions may suggest the use of a Limited Liability Partnership, single family office or Family Investment Company.
Each client receives a bespoke strategy, specifically tailored to the needs of the client both in the present and for future generations.
Lifetime planning includes putting in place strategies to ensure our clients’ long-term strategies are safeguarded should the unexpected happen to the client. This may include the use of various lasting powers of attorney to cover business assets, business interests and private wealth as well as ensuring the client’s ongoing health and welfare wishes are protected. Click here for more information on Lasting Powers of Attorney.
Succession planning for clients involves many different facets and any succession planning strategy must work alongside the lifetime planning strategy put in place for the client. Inheritance Tax is only one concern for our clients, insuring that the family wealth stays intact and passes from one generation to the next in the most straightforward and practical manner is paramount. Our Wills are drafted with care to ensure they fulfil the wishes of our clients in the most tax efficient manner working alongside any other structures whether UK based or overseas, onshore or offshore put in place to protect our clients’ wealth and ensure it passes to successive generations. Click here for more information on Wills & Estate Planning.
Together with our legal prowess we offer our Private Wealth clients access to our Concierge Service, which thanks to our partnerships with specialist agents, allows us to offer a wide variety of services to our clients covering everything from property search and management to education services including finding the correct school placements and providing a chaperone service.
Our clients include: entrepreneurs, CEOs, sporting, media and art professionals, landed estate owners and philanthropists