Estate and Wealth Planning Solicitors

At Trethowans, our specialist estate and wealth planning team advises clients locally, nationally, and internationally to structure their affairs efficiently. Whether you want to protect your assets during your lifetime or secure them for future generations, we help you reduce inheritance tax burdens and safeguard your wealth.

Why choose to use an estate and wealth planning solicitor?

Effective estate planning goes beyond drafting a simple will. Our estate and wealth planning solicitors provide in-depth advice tailored to your unique circumstances, taking into account your assets, goals, and aspirations. While a typical will-writing service focuses on simply recording your instructions, our approach delves deeper to uncover opportunities for tax efficiency and long-term wealth protection.

Our expertise includes:

  • Estate and tax planning.
  • Establishing trusts and Family Investment Companies.
  • Drafting powers of attorney for personal and business matters.
  • Preparing deeds of gift and declarations of trust.
  • Administering complex estates.

Why Trethowans?

Ranked in Chambers High Net Worth Guide 2024 and Legal 500, our estate and wealth planning lawyers have earned recognition for handling complex tax and estate planning matters. Clients commend our proactive and efficient service, describing us as highly capable in managing intricate financial and tax-related issues.

Key Individuals

Adam Scott

Recent work highlights include:

  • Advising an ultra-high-net worth individual with assets of approximately £100m on their worldwide estate across multiple jurisdictions.
  • Providing estate and tax planning advice to an individual ahead of disposal of private company shares valued at approximately £70m, including the creation of multiple trusts on consecutive days and claiming Business Relief to ensure no immediate IHT was payable.
  • Advising a family regarding their £12m park home business to ensure its successful continuation in the event of death or incapacity, and structuring ownership in the most tax-efficient way. This included the creation of Wills, discretionary trusts, and Business Lasting Powers of Attorney to protect against loss of capacity.
  • Creation of multiple Family Investment Companies and advising on the benefit of different classes of shareholdings, the options to gift or loan assets to the company, the transfer of shares from an existing company and the options for future loans.

Mihiri Gajraj

Recent work highlights include:

  • Assessing the full IHT exposure for clients with taxable assets of approximately £100m, helping them understand their holdings, including assets in trusts, previous gifted, and those within family companies or partnerships.
  • Taking over the administration of a £10m estate from another firm, advising on heritage exemption claims, calculating IHT due from chattel sales that impacted earlier relief claims, and utilising the acceptance in lieu scheme with HMRC.
  • Providing estate administration and tax advice to a family with a £20m estate, including a deed of variation to transfer relievable assets to a grandchild, appropriating non-relievable prior to obtaining a grant was, enabling gifting by a beneficiary, and addressing the reduction in partnership shares while maintaining working farmer status following the 2024 budget.
  • Delivering estate and tax planning advice for a family with a farm and stud business valued at approximately £60m.
  • Advising shareholders of a private limited company on tax mitigation strategies before sale, including the use of Family Investment Companies and multiple trusts, and claiming Business Relief to ensure no immediate IHT was payable.

Bonnie Ward

Recent work highlights include:

  • Providing estate and tax planning advice for a family with a net worth of £70m, including private company shares, using a Family Investment Company as a holding structure for their investments and incorporating charitable giving in their wills to benefit from the reduced rate of IHT.
  • Advising clients on tax planning for their £17m estate, including making lifetime gifts, settling assets into trusts, and exploring the option for a Family Investment Company.
  • Providing tax and succession planning advice for a 1,000 acre estate, including implementing flexible discretionary trusts wills, advising on succession options for Lloyds of London LLP, aligning estate plans with a partnership agreement, exploring heritage property classification, and assessing eligibility for agricultural and business property relief under the 2024 budget.

Contact us today

Whether you’re planning for the future or managing your estate today, our estate and wealth planning lawyers are here to help. Contact our expert team to discuss how we can support you.

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