Looking towards the future and planning for the transfer of wealth to beneficiaries requires innovative solutions to protect your client's assets and legacy. We help your client secure long-term asset protection through trusts, foundations, insurance solutions and other instruments, and help to make clear the accounting and tax reporting obligations when setting up and benefiting from these structures.

Securing long-term asset protection

We understand succession planning may not be at the top of your client's to-do list.  Your client may be in good health, of sound mind, or young in years.  Despite all of this, it is still important to plan early, in order to ensure that wealth and assets will be safely transferred to the next generation, or protected to allow any potential next generation to benefit.  We give guidance on the best options to safeguard their assets and legacy. Our experienced team tackles the increasingly complex legal and financial rules that arise from having assets or wealth in different countries.

Setting up a trust

Setting up a trust can have significant benefits but can also bring about tax reporting obligations. The process is complex and the laws and regulations are constantly changing. Our experienced team gives step-by step guidance on trust options and obligations, particularly if various asset classes and multiple jurisdictions are involved.

In cases where trusts are not recognised (e.g. in certain civil law jurisdictions, or situations where common law and civil law conflict) we develop solutions that fit your client's needs and situation.

Succession planning for family businesses

Family businesses are often the crown jewel asset of a family. It is crucial to have a succession plan in place to enable the business to carry on based on your client's vision for future generations and to protect their wealth for future generations.

Trust disputes

While trusts have many advantages, just like any other wealth planning technique, disputes can ultimately arise. We have represented beneficiaries, settlors and trustees in many of these types of situations so have a strong grasp of the big picture as well as the detailed complexities.  We aim to resolve disputes through consultation which may sometimes lead to a private settlement or arbitration, or court proceedings if necessary.