Wealth & Asset Preservation

Our experienced Private Client lawyers have an impressive history advising many generations of families and their businesses on private wealth management, helping them to plan for the future during their lifetime.

Geldards’ Private Client lawyers have a reputation for providing tailored advice on cascading and protecting wealth through the generations and are often recommended to clients by financial professionals as the ‘go to’ law firm for succession planning.

Will and trust planning can be structured to offer protection from those changes in family circumstances which are often a cause for concern, for example, if a beneficiary divorces, remarries or needs long term care and where there is a desire to provide for the next generation in a measured and managed way.

We work closely with our clients and other professional advisors to provide joined-up advice tailored to the circumstances and objectives of the individuals, families, farm and business owners we work with, putting in place carefully structured will and trust arrangements designed to ensure exemptions and tax reliefs are fully utilised to avoid unnecessary inheritance tax.

Our team of specialist tax experts can help ensure business owners increase their tax efficiency and reduce their personal tax exposure, including advising on upcoming changes in inheritance tax, as well as providing advice when considering selling or passing on shares in a business.

We help individuals, families and business owners cascade and protect their wealth through the generations whether the immediate concern is giving the next generation a helping hand ‘via the Bank of Mum and Dad’ or to mitigate the eventual inheritance tax burden, advising on appropriate Wills, gifts, trusts, family investment companies and other asset protection structures such as pre and post nuptial agreements, as well as helping clients fulfil philanthropic goals.

We advise on:

• Wills & planning for the future
• Inheritance tax planning
• Managing tax liability
• Lifetime gifts and asset protection
• Tax & Trusts
• Family Investment Companies
• Nuptial and Cohabitation Agreements designed to protect inherited wealth
• Personal planning for farm and business owners
• Tax reliefs such as Business Property Relief (“BPR”) and Agricultural Property Relief (“APR”)
• Business succession planning
• Deeds of Variation
• Charity & Philanthropy