Estate Planning & Tax

Wealth management

Our wealth management practice includes:

• Asset planning and protection
• Tax mitigation
• Advice on lifetime disposal of assets and tax-efficient gifts

Asset planning and protection involves looking at your assets individually and collectively, and taking steps to ensure that these are held and passed on in a way that reflects your wishes and maximises their financial benefit (including as to tax efficiency).  It can also to some extent be carried out after an individual has died, through a post-death variation.  We work closely with the firm’s Residential Property department to provide a comprehensive service in this area.  More information can be found on the asset planning and protection page for that department. 

Tax mitigation is specialist advice as to how your Inheritance Tax and Capital Gains Tax burden can be reduced.  This might include restructuring the manner in which your assets are held so as to take advantage of one of the many Inheritance Tax exemptions.

We can advise on the most tax-efficient way of disposing of assets or making gifts.  In some cases both the Capital Gains Tax and Inheritance Tax burden arising from disposals or gifts can be reduced by taking a few simple steps.

Our specialists in these areas are Michael Rapps, Clare Hopkins and Andrew Wareham, with support from Barbara Hunt on residential property aspects.