The Private Wealth sector comprises individuals, families, their personal and business interests and the banks, wealth management entities and other advisers that protect their key assets.
Our Private Wealth Solicitors offer a number of different legal specialities to the sector, ranging from traditional private client advice of the highest quality to commercial advice to new corporate entrants into the market on all aspects of their business.
Many of our clients in the sector, especially entrepreneurs and landowners, rely on us to advise on the legal and tax challenges of their business, real estate and personal matters in a coordinated way.
Our reputation and experience in the sector attracts financial institutions, partnerships and other advisers as clients who see us operating as a key player in the UK's private wealth sector and understanding its fast-changing regulatory and commercial environment.
We do not offer private wealth management services, allowing us to work with a variety of independent specialists who do.
We have a specialist focus on four key areas:
- Wealth generators and Entrepreneurs
- Wealth managers and Institutions
MAINstream angel investor network
An initiative to help connect investors and experienced entrepreneurs with innovative early-stage business – find out more.
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- Coronavirus (COVID-19) and Government support for charities
- Coronavirus (COVID-19) - further questions on residential eviction proceedings
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- Inheritance Tax and offshore trusts: anniversary and exit charges
- Trustees and Investments
- SDLT - Treatment of Trusts & Beneficiaries
- Inheritance Tax relief on gifts to charities
- Inheritance Tax Reliefs and Grazing Licences
- US/UK Trusts - Case Study
- Millennials, money & myths: Finance & investing
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- Prenuptial Agreements - FAQs
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- Overseas Entities Bill – Registration of Overseas Beneficial Owners
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- Inheritance Tax Relief: Simplification could increase tax liability
- Charity Commission guidance for charities with a connection to a non-charity
- Charitable bequests
- The future of Lasting Powers of Attorney?
- Offshore income gains fall outside the protected trusts rules
- Simon Thomas and Jennifer Ridgway recognised in the 2019 Spear's 500
- The Times Best Law Firms 2019: Michelmores commended for private client work
- Trustees granted new powers by the court under section 57 of the Trustees Act 1925
- The outlook for London's property sector
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- Michelmores contribute to the STEP Handbook for Advisers
- Advance decisions
- The importance of witnessing a will
- Stepfamilies and will drafting
- Edward Porter featured in City Wealth 2018 Future Leaders List
- theView - sixth edition
- Capital Gains Tax and Principal Private Residence Relief – quality over quantity
- Michelmores shortlisted in the 2018 Devon & Somerset Law Society’s Legal Awards
- Michelmores' Private Client team tops the league for Private Wealth law
- Michelmores shortlisted for Private Client Legal Team of the Year
- Michelmores shortlisted in Citywealth's 2017 Magic Circle Awards
- theView - fifth edition
- Getting onto the housing ladder
- Statutory residence test update
- Dealing with trustees' mistakes
- Brexit: Private Wealth sector
- Wife receives £300K 30 years after separation
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- Finding solutions on separation and divorce - Part 2
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- Family Will Trusts
- Small Business, Enterprise and Employment Act 2015
- Persons with significant control
- The dissenting voice
- Family businesses – get your governance right!
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- £164,000 landmark ruling
- Deathbed gifts: new developments in the law
- Michelmores shortlisted
- Digital assets: advice for personal representatives
- Lucian Freud: disputed wills and secret trusts
- Are the Floodgates Open?
- Supreme Court's Decision: Increase in Legacy Disputes?
- International clients acquiring assets in the UK
- Is private consumer finance going to bury the Green Deal?
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- Working with the owners of significant privately-owned family companies to ensure an effective succession to the control and capital value of the business.
- Advising family shareholders on a £500m plus asset disposal programme.
- 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.
- Nuptial arrangements to protect family assets both before and after a marriage.
- Advising non-domicilaries how best to structure assets before becoming UK resident.
- Providing on-going advice to more than 30 landed estates and also acting as trustees for a considerable number of these.
- Advising a leading EIS Fund on its investments
- Reputation management advice to high-profile listed plc director.
- Advising founder of a healthcare technology business on corporate sale to a US buyer
- Advising a private bank in respect of its standard documentation.
- Providing family constitution advice to a client with a £30m 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.
- Advising the trustees of a group of eight family trusts that own significant City property interests and investment portfolios in their management and strategic planning of the family's wealth and related interests.
- Managing a £50m distribution of limited partnerships interests; negotiating warranties, indemnities and advice as to the conditions on assignment.
- Advising as to best practice for a Liechtenstein Foundation in view of the recent UK/Swiss tax agreement.