This group focuses on the services that the private client department provides to business owners and executives. It draws on the expertise of the lawyers, tax advisors and financial planners within the department to offer services tailored to those clients’ needs.
Services to business owners and executives
• Tax efficient wills
• Creation of trusts to hold company shares
• Advice on the availability of business property relief
• Inheritance tax planning relating to pension death benefits and life policies
• Advising trustee shareholders on risk management on share sales
• Tax advice on holding structures
• The taxation of staff incentives
• Remuneration planning
• Pre-sale tax planning
• Structuring the ownership of business premises
• Advice on availability of business asset taper relief
• Planning for transfer of business to the next generation
• Pension advice
This group is headed by George Lyall, a partner in the private client department and the chairman of the Society of Trust and Estate Practitioners England and Wales Committee. Other senior members of the group include Helen Tavroges, Allan Holmes, Deborah Jude and Andrew Playle.
Related Services