Our Wealth Protection Services
Developing an all-encompassing wealth management strategy requires a multi-faceted approach to ensure absolutely nothing is left to chance. We specialise in several areas, including:
- Business succession planning
- Trusts
- Wills and estate planning
- Lasting Powers of Attorney
- Estate Administration & Probate
- Inheritance Tax planning
- Real estate investment
- Asset protection
Whatever you’re looking to achieve, you can count on our wealth protection solicitors to deliver your desired results.
Want to Know More About Our Wealth Protection Services?
Strategic Wealth Protection Advice
Effectively safeguarding your assets for future generations requires a combination of expertise and sensitivity to ensure your goals are met. It’s also important to work with a law firm with the know-how needed to navigate complex financial portfolios both here and overseas.
The wealth protection solicitors at Thursfields are highly-skilled at structuring domestic and overseas assets in the most effective way possible. These strategies are specifically designed to be flexible, while mitigating (and sometimes eliminating) potential tax liabilities and avoiding the risk of disputes.
Such is our level of expertise, our wealth management solicitors are often called upon to assist peers in our industry and offer guidance. In addition, many people within our team are members of the highly-regarded Society of Trust and Estate Practitioners (STEP) and have also been named in the Legal 500 — so you can be completely confident you’re in safe hands.
Meet Our
Wealth Protection Solicitors
No matter the complexities of your situation, our team has developed a full suite of wealth protection services to ensure your requirements are met.
Key Contact
Terry Cooper TEP
Director, Head of Private Client
Terry leads Thursfields’ Private Client team and has a vast amount of expertise with tax and trust planning. He regularly advises on matters such as wills, the creation or restructuring of trusts, lifetime gifts and other planning to minimise inheritance tax or other tax liabilities (including insurance-based solutions), and death-in-service payments.
Terry has acted for entrepreneurs and business owners, wealthy families, and others who need wills or tax advice. As a result, he is always happy to work in collaboration with a client’s existing financial advisers or accountants.
Sophie Donovan
Director, Head of Estate Administration
Sophie is an experienced Solicitor specialising in all areas of Private Client Law, advising clients with Wills, Lasting Powers of Attorney and Administering Estates. Her focus is client-led, offering reassurance in complex matters and working collaboratively with the client to achieve an outcome in an efficient and supportive manner to meet the client’s needs.
Sophie is an Affiliate Member of the Society of Trusts and Estates Practitioner.
OUR TEAM
*TEP denotes a member of the Society of Trust and Estate Practitioners
GET IN TOUCH
Looking for tailored guidance to secure your family’s future? Contact our wealth protection solicitors today.
Bespoke Wealth
Protection Services
If you have significant wealth, your main priority will be to ensure that as much of it as possible is safeguarded to provide for your family. Given that no two sets of circumstances are ever the same, it’s essential to work with a law firm that is completely focused on achieving your desired outcome. A one-size-fits all approach simply will not suffice.
Our team of wealth protection solicitors will take the time to understand your situation and goals, before devising a tailor-made strategy that’s designed to deliver on your objectives. As a full-service law firm, we’re also able to call on the expertise of other departments such as family law, corporate, residential property, or commercial real estate to take care of everything in one place.
Whether you are an entrepreneur, business owner, or have a buy to let portfolio, you can rely on our wealth protection solicitors to build their service around you and your family.
A Holistic Approach to Legal Advice
Effective wealth protection strategies require regular updates which can sometimes be triggered by events such as marriage, divorce, and child arrangements. We have an experienced family law department to help ensure you have everything taken care of.
Frequently Asked Questions
Wealth protection is the process of devising a comprehensive strategy to preserve an individual’s property and financial assets. It’s a multi-faceted approach which brings together several elements, such as making a will, trust, or lasting power of attorney, investment strategies, and taking out insurance policies.
The ideal solution for you will depend on your unique circumstances and asset portfolio, so it’s important to work with experienced wealth protection solicitors who will develop a strategy based on your goals and aspirations.
A key element of protecting your wealth is identifying potential threats to your assets and devising a strategy to mitigate the effects. Examples of these include paying too much tax, divorce settlements, and remarriage. By taking action to nullify these threats, you can ensure more of your hard-earned wealth can be preserved to support future generations.
Although it’s not mandatory to seek legal advice when deciding how to safeguard your assets, it’s highly-recommended to speak with specialist wealth protection solicitors — especially if you have a complex financial portfolio. They will help you devise a bespoke strategy to ensure your unique goals are met.
Divorce can be a major obstacle when attempting to preserve your assets. One way to safeguard against this is by using nuptial agreements, prenuptials before a marriage or civil partnership, or a postnuptial during the relationship. Although not legally binding, these agreements are being recognised more and more by the courts to help them decide how assets should be divided.
Contact Our
Team
For targeted and comprehensive advice that puts your interests first, get in touch with our experienced wealth protection solicitors today.
