Private Client
Safeguarding Your Farming Estate: Estate Planning Tips for Farmers
Estate planning for farmers is a crucial step in safeguarding the future of your family home and business. This not only involves preparing for a smooth transition into retirement but also ensuring the continuity of your farming operations for years to come. To create a comprehensive estate plan, it is essential to consider factors such…
Read MoreCommon Issues with Managing a Trust
Trusts are an important element of estate planning with various benefits such as wealth protection, limiting tax liabilities, and safeguarding assets for future generations. When setting up a trust, it is crucial to be aware of common issues that may arise to avoid potential pitfalls. Consulting a specialist solicitor is essential to guide you through…
Read MoreHow to determine Share Values for Probate
Knowing how to determine share values for probate is essential for ensuring a smooth process and minimising additional stress during an already difficult time. When someone dies, their estate must be managed and assets distributed to inheritors. Valuing the deceased’s assets is crucial to determine inheritance tax owed, especially for those with diverse investments like…
Read MoreUnderstanding Wealth Protection and Tax Planning with Trusts
To ensure financial security for future generations and preserve wealth, it is crucial to protect assets and minimise taxes. One effective method to achieve this is by establishing trusts, which allow for assets to be passed down according to your preferences while also reducing tax burdens for future generations. Seeking advice from knowledgeable private client…
Read MoreSecure the Future of Your Family Farm: An Overview of Succession Planning
Family farm succession planning is a crucial step to ensure the long-term survival of a farming business and offers clarity about the future of the farmland. As farm owners age and more farmers seek to step back from operations, careful planning is essential to help protect assets, preserve legacies, and facilitate a smooth transition to…
Read MoreTracy Ashby returns to Thursfields as Wills & Estate Director.
Thursfields Solicitors confirms the reappointment of Tracy Ashby, as she returns to Thursfields as Wills & Estates Director. Tracy will be devoted to enhancing the Thursfields Private Client Services across Warwickshire, Birmingham, Solihull, and the surrounding areas. Tracy, who joins Thursfields from Wright Hassall in Leamington Spa, is widely regarded for her specialties in Wealth…
Read MoreThursfields Nominated for Solicitor Firm of the Year and Probate Provider of The Year at The British Wills and Probate Awards 2023
Leading law firm, Thursfields Solicitors, has been shortlisted for two awards at the British Wills and Probate Awards 2023. The firm nominations include Solicitor Firm of the Year in the Midlands, and Probate Provider of the Year – North and Midlands. The nomination for Solicitor Firm of the Year in the Midlands is particularly welcome…
Read MoreGrants and Estates – Why to Apply and Why to Value
There are so many aspects that one has to consider when dealing with the death of a loved one. From dealing with grief, to making funeral arrangements, to finally sorting out the administration of the estate. Dealing with estate administration is in fact like taking someone’s “life admin” on. These matters are never easy, take…
Read MoreThursfields advises on sale of multi-million pound caravan park in West Midlands
A well-known West Midlands caravan park has been sold in a multi-million pound deal, thanks to expert advice from Thursfields Solicitors. Tony Gibb, head of the Commercial Property team at Thursfields, advised the clients involved on the sale by auction, along with Associate Solicitor Nicola Pearce. The sale followed advice to the Executors dealing with…
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