Private Wealth
The Private Wealth sector comprises individuals, families, their personal and business interests and the banks, wealth management entities and other advisers that protect their key assets.
We offer a number of different legal specialities to the sector, ranging from traditional private client advice of the highest quality to commercial advice to new corporate entrants into the market on all aspects of their business.
Many of our clients in the sector, especially entrepreneurs and landowners, rely on us to advise on the legal and tax challenges of their business, real estate and personal matters in a coordinated way.
Our reputation and experience in the sector attracts financial institutions, partnerships and other advisers as clients who see us operating as a key player in the UK's private wealth sector and understanding its fast-changing regulatory and commercial environment.
We do not offer private wealth management services, allowing us to work with a variety of independent specialists who do.
We have specialist focus on four key areas:
- Wealth generators and Entrepreneurs
- Landowners
- Wealth managers and Institutions
- International
Stays in touch with clients to make sure they stay focused on the area of planning.
Legal 500 2017
The private client team are talented. They know what they're doing. Their turnaround is phenomenal - they're always able to pick it up and run.
Chambers 2017
They're obviously very friendly, collegiate and knowledgeable. They're highly knowledgeable on more complex international cases."
Chambers 2017
Always willing to go the extra mile to provide support.
Legal 500 2015
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- Offshore income gains fall outside the protected trusts rules
- Michelmores is named as an eprivateclient Top Law Firm for 2019
- Inheritance Tax and offshore trusts: anniversary and exit charges
- Simon Thomas and Jennifer Ridgway recognised in the 2019 Spear's 500
- Emma Rudge is awarded the Advanced Certificate in Family Business Advising
- Michelmores shortlisted in Citywealth's 2019 Magic Circle Awards
- The Times Best Law Firms 2019: Michelmores commended for private client work
- Trustees granted new powers by the court under section 57 of the Trustees Act 1925
- The outlook for London's property sector
- Michelmores' International Trust Advisory Group host seminar on the Cayman Islands
- A warning note for trustees?
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- Statutory codicil and interpretation
- Mental capacity to marry but not to make a Will
- What right do beneficiaries have to request information from trustees?
- Interpretation of family trusts: case update Millar v Millar
- Draft Finance Bill 2019 now published
- How does Stamp Duty Land Tax affect the purchase of residential property for trusts?
- Michelmores contribute to the STEP Handbook for Advisers
- Advance decisions
- The importance of witnessing a will
- Warning as to the future of Agricultural Property Relief
- Stepfamilies and will drafting
- Edward Porter featured in City Wealth 2018 Future Leaders List
- Inheritance tax reform – change on the horizon?
- Michelmores has been named one of the 2018 eprivateclient Top Law Firms
- Protecting family wealth
- theView - sixth edition
- Capital Gains Tax and Principal Private Residence Relief – quality over quantity
- Beneficial ownership registers of trusts
- Michelmores shortlisted in the 2018 Devon & Somerset Law Society’s Legal Awards
- Michelmores' Private Client team tops the league for Private Wealth law
- Michelmores shortlisted for Private Client Legal Team of the Year
- Michelmores shortlisted in Citywealth's 2017 Magic Circle Awards
- Administration of Estates: Lifetime Gifts and Penalties
- theView - fifth edition
- Michelmores is awarded highest accreditation from STEP
- April 2017 changes for UK resident non-domiciled individuals
- Inheritance Tax
- Getting onto the housing ladder
- Statutory residence test update
- Dealing with trustees' mistakes
- US/UK tax – the basics
- Trustees and Investments
- US/UK Trusts - Case Study
- Brexit: Private Wealth sector
- Michelmores grows Disputed Wills and Trusts team
- Wife receives £300K 30 years after separation
- Consider your cross options
- Jonathan Riley presents at The Bahamas branch of STEP
- Michelmores hosts first Collections event
- Private Client in eprivateclients' Top 25
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- The Brexit factor
- Finding solutions on separation and divorce - Part 1
- Starting up a next generation start up?
- SDLT - Treatment of Trusts & Beneficiaries
- Family Will Trusts
- Small Business, Enterprise and Employment Act 2015
- Persons with significant control
- The dissenting voice
- Family businesses – get your governance right!
- Jonathan Riley to speak at IBC legal conference
- Multi-jurisdictional exposures to tax: the pitfalls
- 'Easier and simpler planning regulations to be welcomed'
- The Residence Nil Rate Band
- Corporate lawyer Emma Rudge joins Michelmores' Bristol Office
- Michelmores sponsors 'Sporting Legends Dinner'
- Crociani and others v Crociani and others
- Michelmores shortlisted in two categories for the British Legal Awards
- UK Summer Budget 2015 - Domicile
- eprivateclient's Top 35 under 35 list
- Eeny meeny miny…
- £164,000 landmark ruling
- Deathbed gifts: new developments in the law
- Three Michelmores lawyers recognised in 2015 CityWealth Leaders List
- Michelmores shortlisted
- Trusts and compensation for a vulnerable client
- Digital assets: advice for personal representatives
- Making light out of loss - Brian Garner is featured in Private Client Adviser
- Jennifer Ridgway reviews case law concerning divorce settlements and vulnerable clients in Private Client Adviser
- Lucian Freud: disputed wills and secret trusts
- Be Aware - New Rules Apply to all Transfers of Commercial Property
- Are the Floodgates Open?
- Supreme Court's Decision: Increase in Legacy Disputes?
- International clients acquiring assets in the UK
- Can I minimise tax on rental income?
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Get in touch
Jonathan Riley
Partner
Richard Cobb
Partner
Meet the team
Tom Hyde MRICS
Partner
Sandra Brown
Partner
Tony Cockayne
Partner
Jonathan Kitchin
Partner
Jennifer Ridgway
Partner
Sara Chisholm-Batten
Partner
Jemma Lascelles ACA CTA
Director of Personal Tax
Paul Beanlands
Partner
Samantha Billingham
Partner
Charles Courtenay
Partner
Sacha Pickering
Partner
Emma Rudge
Private Wealth Lead
Alice Daniels
Senior Associate
Katrina Bourton
Associate
Ed Fowler
Associate
Sharon Channing
Licensed Conveyancer
Edward Porter
Partner
James Radcliffe
Partner
Philip Wolfgang
Partner
James Frampton
Senior Associate
Andrew White
Associate
Laura Simpson
Solicitor
Harriet Martin
Solicitor
Charlotte Coombs
Associate
Henry Garden
Solicitor
Recent experience
- Working with the owners of significant privately-owned family companies to ensure an effective succession to the control and capital value of the business.
- Advising family shareholders on a £500m plus asset disposal programme.
- Advising as to how best to structure the tax efficient receipt by a UK resident (US citizen) of capital distributions from an existing offshore structure.
- Nuptial arrangements to protect family assets both before and after a marriage.
- Advising non-domicilaries how best to structure assets before becoming UK resident.
- Providing on-going advice to more than 30 landed estates and also acting as trustees for a considerable number of these.
- Advising a leading EIS Fund on its investments
- Reputation management advice to high-profile listed plc director.
- Advising founder of a healthcare technology business on corporate sale to a US buyer
- Advising a private bank in respect of its standard documentation.
- Providing family constitution advice to a client with a £30m family business and a disparate successor generation.
- Our tax compliance team has worked with our tax planning lawyers to develop a comprehensive tax compliance and mitigation service.
- Advising the trustees of a group of eight family trusts that own significant City property interests and investment portfolios in their management and strategic planning of the family's wealth and related interests.
- Managing a £50m distribution of limited partnerships interests; negotiating warranties, indemnities and advice as to the conditions on assignment.
- Advising as to best practice for a Liechtenstein Foundation in view of the recent UK/Swiss tax agreement.
