An age of apathy?
A will remains the most effective way to divide assets and provide for those close to us on death. So, why don’t more people under 50 have one?
Our wills solicitors have the expertise to guide you through the process of making and updating your will, providing you with advice that is tailored to your unique circumstances. Many of our clients have complicated personal affairs which could include being domiciled abroad, holding assets in multiple jurisdictions or wanting to protect wealth through multiple generations.
We gain a holistic understanding of the complexities of your life. This allows us to provide you with the certainty that your plans have been set out exactly as you would wish.
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Wills & succession planning key contacts
Partner - Head of Private Wealth
Talk to Peter about UK trusts, tax & estate planning, International trusts, tax & estate planning, Probate and US/UK Tax & estate planning
A will remains the most effective way to divide assets and provide for those close to us on death. So, why don’t more people under 50 have one?
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Recent experience
We advise clients who own businesses on how best to structure their will so as to make use of business property relief in passing assets down to future generations. A will trust to hold business assets is often flexible and tax-efficient, whether the intention is that the business continues to be owned and run by the family, or the business will be sold.
Case study
We advise clients who own businesses on how best to structure their will so as to make use of business property relief in passing assets down to future generations. A will trust to hold business assets is often flexible and tax-efficient, whether the intention is that the business continues to be owned and run by the family, or the business will be sold.
Wealthy clients often hold assets in a number of jurisdictions, meaning that consideration must be given to the local laws that govern both succession and tax. In some cases, this means coordinating the preparation of a separate will in each jurisdiction rather than one global will. The client’s focus may also be on protecting assets for future generations, and we can ensure that this is done in a way which works in every relevant jurisdiction.
Case study
Wealthy clients often hold assets in a number of jurisdictions, meaning that consideration must be given to the local laws that govern both succession and tax. In some cases, this means coordinating the preparation of a separate will in each jurisdiction rather than one global will. The client’s focus may also be on protecting assets for future generations, and we can ensure that this is done in a way which works in every relevant jurisdiction.
We regularly advise married couples where one spouse is a US citizen. Often the careful use of will trusts can ensure that there is no tax on either side of the Atlantic on the first death, and that tax is mitigated when assets pass to the next generation. We work with American advisers to prepare wills which achieve optimum efficiency in both the UK and US.
Case study
We regularly advise married couples where one spouse is a US citizen. Often the careful use of will trusts can ensure that there is no tax on either side of the Atlantic on the first death, and that tax is mitigated when assets pass to the next generation. We work with American advisers to prepare wills which achieve optimum efficiency in both the UK and US.
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