Private Wealth

SECURING YOUR ASSETS FOR THE FUTURE

The protection of the wealth you have accumulated over your life is critical to later planning.

Whether you are a private individual, professional, entrepreneur, or someone who has inherited wealth, Healys will be able to help you with all UK and international legal issues.

Healys are specialists in numerous areas of Private Wealth work, varying from advising internationally mobile high-net-worth clients with UK connections on their estate planning, to administering estates, obtaining probate, preparing declarations of trust in relation to property, deeds of variation in connection with wills, powers of attorney, and overseeing general personal and financial affairs (particularly for the elderly).

We offer advice on potential tax- saving devices and financial planning. We have also a list of selected business contacts from independent financial advisors, accountants and wealth managers to assist you.

Healys knows the value of the personal service that we provide our clients. We have friendly, approachable staff and ensure our clients receive the best advice. Healys Solicitors endeavours to make the planning to protect and increase our clients’ wealth holistic, complementing personal and family aspirations, business succession planning requirements and other related wealth management strategies.

For more information on our services or to have a free consultation please contact one of the team on 020 7822 4000 / 01273 685 888 or email privatewealth@healys.com

Call Us Today

Call our London office on 020 7822 4000 or our Brighton office on 01273 838734. You can also contact us online.

Call Us Today

London: 020 7822 4000 Brighton: 01273 838734 Or you can contact us online: Contact Us

Key Contacts

Private Wealth capabilities

Private Wealth experiences

Inheritance tax and offshore estate planning advice in the context of a foreign domiciled businessman having disposed of his UK business to international purchasers and claiming UK entrepreneur’s relief on the gain for capital gains tax
Advice to South American clients to acquire a London residential property structured to avoid inheritance tax, capital gains tax and annual tax on enveloped dwellings and restructure of UK investment properties through an offshore structure to avoid inheritance tax
Advice regarding creation of offshore trust for UK family of Italian parents consequent upon tax disclosures between Italy and Switzerland in relation to family investments held in Switzerland
Co-ordinate international offshore structures for wealthy South African family whose members have moved to the Australia, the US and Canada
Co-ordinate the offshore structuring for the international textile business of a wealthy Indian family, including licensing of international brands, repatriation of a particular brand to India with a view to Indian listing, and international development of another well known fashion brand involving offshore holding and licensing entities
Advice regarding divestment of US investor in a South African food conglomerate, restructure of existing Jersey trust structures involving Dutch “Co-op” and Antilles holding structure, and disposal of part of the South African business under the Black Economic Empowerment (BEE) programme
Advice relative to a number of US foreign grantor trusts for heads of families with children and relatives in the US to avoid US tax on income, future “step- up” basis to avoid tax on historical gains and tie in with US family perpetual trust and estate planning
Advice regarding a purpose trust structure to hold resort properties in Thailand as part of commercial joint venture holiday concept similar to timeshare for UK and US joint venture partners
Advice relative to restructure and rationalisation of Jersey trusts for Singaporean high net worth family with a view to creation of private trust company/ family office structure
Working with US tax lawyers to interpose a purpose trust structure holding a finance company between existing Jersey Trust and US trust structures requiring funding to develop US shopping complexes and commercial property
Advice relating to the creation of unitised property trusts in Jersey (JPUT) and Guernsey (GPUT) for international commercial property investments in the UK

Private Wealth insights

Share Sale Tax Avoidance Scheme Fails The Reality Test
16th April 2019

Judges interpret tax statutes in the real world and are experienced at looking beyond the detailed provisions of intricate transactions to discern their actual purpose. In a case in point, the Court of Appeal found that Capital Gains Tax (CGT) was payable on the sale of shares in a listed company for £14.3 million. Continue reading »

Wife Who Assisted Sick Husband’s Trip To Dignitas Can Inherit His Estate
8th April 2019

A woman who reluctantly assisted her gravely ill husband in travelling to Switzerland where his life was ended by Dignitas will nevertheless inherit his estate, after a judge ruled that many people would have done the same for a loved one. Continue reading »

Court Ruling Boosts HMRC’s Cross-Border Powers

National boundaries pose little or no obstacle to tax evasion. The Court of Appeal made that point in an important ruling which has greatly boosted the ability of HM Revenue and Customs (HMRC) to pursue inquiries beyond the borders of the UK. Continue reading »

Is Inheritance Tax Simplification On The Way?
2nd April 2019

More than 550,000 people die annually in the UK and half of those deaths require the completion of Inheritance Tax (IHT) forms, which are not straightforward and can be a daunting burden at a difficult time for families. Continue reading »

Ignorance Not A Reasonable Excuse For Tax Disclosure Failure
21st January 2019

When an 18-year-old woman bought a derelict end terrace property in London in 2006 and sold it to developers the following year, she made no entry on her tax return, believing that principal private residence relief applied. Continue reading »

Private Wealth awards

Private Wealth news

Healys Welcomes New Partner Eleanor Richards To The Team
12th April 2019

Healys is pleased to announce the addition of Eleanor Richards to their expanding team in Brighton. Continue reading »

Maria Holloway Shortlisted for Rising Star at the HR in Law Awards 2019
5th April 2019

Healys are delighted to announce that Maria Holloway, HR Assistant, has been shortlisted to win the Rising Star Award in this year’s HR in Law Awards. Continue reading »

Healys Advises Monarch Partnership In The Acquisition Of Utilitywise’s EIC
4th April 2019

Healys is pleased to announce that we advised our client, Monarch Partnership, on the acquisition of Energy Intelligence Centre (EIC) and T-Mac Technologies in a transaction that will make our client one of the UK’s largest utility consultancies. Continue reading »

Team Healys LLP To Take Part In The Seven Port Challenge Charity Cycle Ride 2019 In Aid Of The Mayor’s Charities Sponsored By Woodhart Group
26th March 2019

From Thursday 2nd to Sunday 5th May 2019, Managing Partner, Dino Skinner and colleagues Ros Edwards and Jack Wingrove, will be taking part in the Seven Port Challenge which will consist of reaching the Seven Ports of Shoreham Port, Portsmouth, Caen (Ouistreham), Honfleur, Fecamp, Dieppe & Newhaven, on a 180 mile bike ride. Continue reading »

The Inspector Calls – Industry Advice And Legal Updates For Care Professionals
20th March 2019

On Thursday 14th March, The National Care Association hosted its first ‘The Inspector Calls’ event at the Hallmark Hotel Bournemouth East Cliff, in Bournemouth. Representing small and medium sized care providers and affiliated local associations, National Care Association is a leading body that liaises with national Government at a political and departmental level, Local Government and key stakeholder groups including the NHS and CQC to support care employers and employees. Continue reading »