The dynamics of family wealth have changed in recent years as families have become more culturally diverse and more geographically spread out.
At the same time, the rules governing wealth transfer, particularly in relation to tax, have grown in complexity and disputes over family wealth have increased.
Our private wealth team specialises in advising on all aspects of wealth structuring and wealth transfer. We support entrepreneurs, property owners and families, both in the UK and internationally, in identifying and then implementing the arrangements that best suit their individual needs. We have particular strength in explaining to and supporting our clients with the tax planning implications of wealth planning, including structuring the purchase of UK real estate.
We are well placed to assist individuals who, through their wealth or family connections, have links to the UK or who are moving to or from the UK and need advice on immigration (including investor and entrepreneur visas), family and matrimonial matters.
In response to the prevalence of disputes over family wealth, we provide strategic advice to trustees, executors and attorneys on how to manage and execute their duties, responsibilities and relations with beneficiaries. We are also able to advise on reputation management matters and have been involved in some of the most significant defamation cases in the UK.
Our private wealth team works closely with specialists across the firm, and particularly within our family law, dispute resolution and real estate teams, to deliver a highly personalised and partner-led service.
If you have any questions or queries please call Matthew on +44 (0)20 3036 7331 or email email@example.com
A growing firm with a specialism in representing high net worth individuals. “They are very professional and they come up with the goods.”
Fladgate LLP handles all aspects of tax planning and trusts advice including structuring for non-domiciliaries, inheritance tax and estate planning, cross-border structuring for personal investments, and managing, acquiring and disposing of trust property. Recent highlights include setting up a structure for an international client wishing to invest in real estate across Europe.
Fladgate LLP represents international trust companies, fund managers, and individuals and families with significant personal assets. Richard Kaufman is noted for his “deep knowledge”. David Way, Antonia Brandes and Helena Luckhurst also have strong reputations.
David Way at Fladgate LLP is praised for his client care skills by commentators who remark that “he totally understands people and acts with their best interests at heart”. He is known for his work with entrepreneurs and regularly advises on multi-jurisdictional matters.
Fladgate LLP fields ‘a knowledgeable team that adopts a personal approach to meet each client’s needs’, and is experienced in international divorces and high-value financial claims. Teresa Cullen is ‘the driving force in the team’; she has ‘a superb bedside manner with clients but can equally be robust when putting their cases forward’.
Matthew Bennett heads the department at Fladgate LLP, and advises UK and foreign nationals and their families on the management of their wealth and personal affairs with an emphasis on tax efficiency. Helena Luckhurst advises British and overseas families and entrepreneurs who want to protect their wealth and successfully pass it down to the next generation. The firm provides the full range of personal tax services to its clients, from completing personal tax returns to negotiating with HMRC, and regularly advises internationally mobile individuals (especially sportspeople and entertainers).
Highlights included advising a Middle Eastern family on the restructuring of its London property portfolio (worth approximately £150m) in light of the anticipated changes to the taxation of non-domiciled residents, and the team continues to advise a non-domiciled Irish entrepreneur on restructuring UK and onshore trusts; other advice for the client has covered setting up a Jersey foundation and advice on the statutory residency test.
Daniel Rubie leads Fladgate LLP’s residential property practice. Rubie specialises in advising high-net-worth and ultra-high-net-worth individuals on their residential property purchases and sales; he also has substantial lease extension and enfranchisement expertise. In a recent highlight, Richard Kaufman acted for a high-net-worth individual on the £16m sale of a residential property; Kaufman is also recommended for property-related tax advice and investment issues.