Wills, Tax & Succession
Planning

Protecting your legacy

Wills, Tax & Succession Planning

At Stronachs we understand that ensuring your estate is protected and passed to the individuals of your choice is an issue of vital importance.

Our team of experienced tax and succession planning experts are committed to providing you with the highest quality legal advice to make sure that your needs and wishes for the future are fulfilled.

Having a professionally prepared, up-to-date will in place is an essential step in this process. By applying our knowledge to your individual circumstances and wishes, we will ensure that your will is specifically tailored to you.

With our personal and forward-thinking approach, we will review your current circumstances and plans for the future to identify potential Inheritance and capital gains tax liabilities that may arise.  We can discuss the potential options available to protect your estate from these and work with you to achieve your aims in the most tax-efficient manner.

Our team has many years of experience in providing tax and succession planning advice to clients with a broad range of interests – from successive generations of families to farmers and business owners.

Our experience enables us to provide specialised advice on asset protection, particularly the passing down of farms, businesses, landed estates and historical family heirlooms.

We understand the concerns you may have, and the complex issues you may face when planning for the future of your estate, and will ensure that your wishes are respected.

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Key Contacts

To make an enquiry, please contact a member of staff below or call 01224 845 845

Jaclyn E.P. Russell

Partner, Head of Private Client
T: 01224 845 858
M: 07884 658 473

Kirsten Anderson

Partner, Private Client
T: 01224 845 899
M: 07552 686 958

Karen Oliver

Legal Director, Private Client
T: 01224 845 841
M:

Private Client News & Insights

Chambers and Partners High Net Worth Guide 2023

July 20, 2023

The 2023 Chambers and Partners High Net Worth guide has been published and we are delighted to announce that the Stronachs STEP accredited Private Client team continue to be recognised and ranked as Band 2 within the guide.

The Winds of Change are Cold

July 10, 2023

The General Economy

Following Jeremy Hunt’s first budget back in October the changes, or lack thereof, of previous Chancellors will really begin to bite for taxpayers in 2023.  The UK, and global, economy is still recovering from the major impacts of a global pandemic and the ongoing war in Ukraine.  Although we may manage to stave off a technical recession it is likely the UK economy will contract for at least one quarter.  Inflation, the measure which tracks the general price of goods and services over time, remains one of the highest in Europe, threatening to push more people into poverty and erode wealth for those with significant assets.

Succession

October 31, 2022

Nominated for 25 Emmy Awards this year, the HBO series ‘Succession’ has captivated audiences and may well have prompted clients to contemplate how best to plan for succession to their estates. 

Drafting a Will for lead character, Logan Roy, would require a bespoke approach, to take account of his vast wealth across multiple countries.  Here we consider an appropriate Will structure, together with some other key points to explore when creating a fitting testamentary writing for Logan.

Calling all Trustees – Three Week Deadline

August 11, 2022

What is The Trust Registration Service?

The Trust Registration Service is an online service which assists Trustees to adhere to their registration obligations under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

New regulations came into force in October 2020. The new regulations mean that there is an increase in the number of trusts that fall into the ‘need to be registered’ category.