How you choose to own and hold your wealth is vitally important. It will need to evolve as your life, and your family’s lives progress.
The structures that you create or amend will be driven by many things that are personal to you, your family, your businesses and your assets. Overarching concerns will usually be:
- the ability to manage your wealth and do so tax efficiently
- asset protection
Structuring for the purposes of wealth management will look different for each person and is dependent on many factors. We will work with you from the outset to understand the nature of your life, what’s important to you and your family, and what your ultimate goals and ambitions are.
A tailored approach to suit you
We can work with you to build bespoke funds and other investment vehicles to help you pool the wealth of your family, friends and co-investors. These will be tailored to whether the fund is needed for a specific investment, a mechanism for control of a portfolio of investments, tax efficiency or all of the above. These bespoke vehicles also compliment planning with more traditional succession structures, such as trusts, and we can make sure everything runs smoothly in unison.
Structuring your property
How you structure property, whether it be homes, commercial or residential portfolios or rural estates, will vary depending on your fiscal and personal circumstances. Whether you are looking to understand the ownership of your family home, invest in UK property from another country or hold and manage a real estate portfolio, we can build a bespoke structure for you. A structure that balances the legal specifics of the properties with corporate or personal ownership requirements and tax efficiency.
Suitable structures for luxury assets
More unusual assets may need their own distinct structures. Whatever the asset – from tax efficient trusts for your art (recently acquired or inherited), to managing, maintaining and protecting your yacht or plane – we can help you choose the most suitable structures on a case-by-case basis.
Asset protection for future generations
A key element to any structure designed to hold wealth is asset protection. Ensuring your wealth is protected for future generations and not vulnerable to political change or instability (whether in the UK or elsewhere). Succession and wealth structuring are inevitably entwined. We will ensure that one complements the other.
Areas where we can help
- Family Investment Companies and Partnerships
- Luxury Assets
- Tax structuring
- Wills and Trusts
Managing Associate +44 (0)20 7591 3321 firstname.lastname@example.org
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Partner and Head of Private Wealth, London +44 (0)20 7591 3324 firstname.lastname@example.org
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Acting as a trustee shareholder and director of a client’s family business throughout a restructuring of the business and a generation change.
Advised two related charities on internal governance reviews and reorganisations and the ongoing management of their relationships with their non-charitable partners.
Advised on the administration of a high value estate, including detailed advice relating to an offer in lieu of tax.
Advised the trustees of two significant dynastic trusts holding substantial value in family investment companies and London prime real estate.
Advised numerous high net worth clients on their personal affairs, succession planning and philanthropy (including the creation and administration of charitable entities established by those clients).
Kate Arnold is willing and able to explain the legal aspects of private wealth issues, particularly concerning wills and succession planning, and then deliver to an agreed strategy. Very friendly and approachable manner.
Legal 500 2022