Private Client Services trigger points
Family Office – Ultra high net worth individuals who need a regular ongoing relationship (£10m + wealth). This is far more than a tax compliance service but a holistic management of finances, personal spending and investment. These would be the ‘gold standard’ client.
Successful families (high net worth) with assets to protect from IHT, risk on divorce, succession, wills etc. Ad-hoc advice, tax compliance where necessary.
Successful ongoing family businesses, (particularly multi-generational) who previously enjoyed unlimited BPR, but now have a serious problem on second death.
Short-term residents, needing tax planning advice in regard to capitalising reliefs on arrival to the UK.
General trust planning and family investment company advice.
Wealth structuring on or offshore.
“Ex-pats” returning to the UK.
People looking to leave the UK, relocation in other jurisdictions, wealthy retirees.
Families with offshore or UK trust/corporate structures already in-situ (particularly if they feel they have outlived their useful lives).
Multi-jurisdictional businesses needing tax planning for mobile directors and employees. This could be personal tax or PAYE/NIC issues, so could be at company and/or individual level.
Individuals who have just sold or are selling their businesses. This could be to cover relocation abroad for tax planning, or simply how to structure their wealth after sale (ideally both).
Land/property owners that don’t fit into other Hazlewoods specialisms.
Contacts:
Krista Woodman, Partner, Staverton
Glenn Collingbourne, Director, Staverton