“The individuals we work with are always accessible, with a firm knowledge and understanding of the cases they deal with and the legal issues involved. Our main contacts are James Frampton, Caroline Alexander, and Charlotte Coombs.”
“James Frampton is a legend when it comes to landed estates and tax planning for families and farms. Not only does he know every corner of the subject inside-out, but he has a way of handling clients and guiding them in the right direction which puts them entirely at ease.”
“A good professional and knowledgeable team providing a timely service at regional rates. Good knowledge of trust law and inheritance tax and personal tax planning.”
“Michelmores provided detailed advice that included planning considerations which were clear and easily understood by the client.”
“They have an experienced team of trust and estate practitioners covering all aspects of the trust and tax planning areas. The team is attentive and provides an excellent service.”
“The team is very passionate about client service, very transparent on fees and very responsive. They are also very empathetic to client’s needs.”
“Extremely good industry knowledge advice is provided in good time and in a format that is clear and concise.”
“I have found the team to have depth and strength.”
“Breadth of expertise across the spectrum of activity that charities operate.”
“Michelmores have an excellent understanding of our needs and consider PR concerns as well as the commerciality of all advice and settlement parameters.”
Protecting your wealth – for now and whatever’s next
Clients based in the UK, as well as those based internationally with UK assets and connections, trust our expert team to advise on wealth preservation for future generations, handle strategic estate planning for retirement and minimise tax liabilities on the death of a spouse. We also cover international tax planning, UK-US estate planning, and routinely navigate succession planning complexities like capital gains, inheritance tax and stamp duty.
We offer specialist advice on wills and lasting powers of attorney, probate and administration, contentious trusts, mental capacity and Court of Protection issues.
From preparing HMRC tax returns for UK clients, to UK tax planning for international clients (including pre-residency remittance basis planning and offshore trusts to double tax treaty advice). Our capabilities are comprehensive.
Private wealth planning – with sensitivity and efficiency
Our broad team has expertise and cultural awareness that comes from dealing with diverse UK and global clients. Collaborative, creative, and commercial in approach, we strive to protect your long-term interests as well as those of your family.
As the go-to team for many high-profile individuals and families, our team is top ranked in the independent legal guides, Chambers High Net Worth and Legal 500.
Inheritance Tax and Planning for Retirement
The right professional advice will:
- Safeguard personal and business assets
- Provide strategic estate planning, including detailed knowledge of the exemptions, reliefs and tax planning techniques available to enhance your savings and assets
- Help to minimise tax liabilities on the death of a spouse
- Guide you through the complexities of succession planning and the transfer of business assets between the generations, including Inheritance Tax, Stamp Duty and Capital Gains Tax mitigation
Tax compliance and HMRC enquiry advice
We specialise in advising on tax issues for high net worth individuals and prepare income tax returns for individuals, trusts and estates.
Tax regimes, property law and family circumstances are ever- evolving, therefore a regular review of your affairs is strongly advisable.
International Tax Planning
Our team regularly advise on all aspects of UK tax planning for international clients. This includes pre-residency remittance basis planning, the use of off-shore trusts and their consequences for UK-based settlors and beneficiaries, and the tax efficient structuring of assets.
Recent experience
Advice to Individuals:
Working with the owners of significant privately owned family companies to ensure an effective succession to the control and capital value of the business.
Regulatory nuptial arrangements to protect family assets, both before and after a marriage.
Advising non-domiciliaries how best to structure assets before becoming UK resident.
UK advice:
We act for more than 30 landed estates and act as trustees of a considerable number of these.
We have recently provided family constitution advice to a client with a £15m family business and a disparate successor generation.
Our Tax Compliance team has worked with our tax planning Lawyers to develop a comprehensive tax compliance and mitigation service.
Advice to trustees:
We are the sole legal advisers to the trustees of a group of eight family trusts that own significant City property interests and investment portfolios.
Have developed with the trust beneficiaries an agreed understanding of the future for the family wealth and related interests.
Advice to institutional trustees:
Advice regarding the availability of the ‘motive defence’ to mitigate significant beneficiary tax liabilities.
Managing a £50 million distribution of limited partnerships interests.
Negotiating warranties, indemnities and advice as to the conditions on assignment.
Advice to non-UK law firms:
Advising as to best practice for a Liechtenstein Foundation in view of the recent UK/Swiss tax agreement.
Advising as to how best to structure the tax efficient receipt by a UK resident (US citizen) of capital distributions from an existing offshore structure.
