Inheritance and succession planning

Careful inheritance and succession planning provides you with security – knowing your beneficiaries will be cared for in the way you intend. Whether you are a family, business or individual, UK domiciled or non-domiciled, we can help ensure your estate and other assets are passed on tax-efficiently.

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Planning for the future

At Thrings, we can advise on the legal, practical and personal issues that need to be addressed in your will. We take time to understand your family dynamics and financial situation, providing you with clear, tailored guidance so you can make the best decisions.

Drawing on our expertise, we build flexibility into your will to factor in unforeseen changes in the future. This means, when the time comes, we can review and tailor your will to maximise the value of your estate. We will also work closely with your financial advisor and accountant to ensure we understand the full picture of your finances.

With a specialist focus on inheritance planning, we can also help you provide for any future inability to manage your affairs, including the preparation of lasting powers of attorney or plans for future medical treatment or care.

With in-depth knowledge of inheritance and succession planning, we will help you put your affairs in order so you can be confident that your beneficiaries are provided for and your estate wrapped up in the way you wish.


Our expertise in this area encompasses:


Succession planning

  • advising on the appropriate will to reflect clients’ personal wishes and the needs of individual beneficiaries, as well as the possibility of claims under the Inheritance (Provision for Family and Dependents) Act 1975
  • preparing partnership and shareholder agreements for family businesses
  • advising on appropriate business/shareholder/partnership structures to help introduce young family members into a family business
  • addressing the liability to capital gains tax/inheritance tax on the sale of a business or its passing on to the next generation
  • addressing issues of untimely death of a key member of a family business


News 16 January 2017

Inheritance plans put off to avoid children’s spouses benefitting

A recent survey has revealed that 30% of parents will not pass on assets to their married children to avoid them falling into the hands of their offspring’s spouses if they divorce.

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News 4 January 2017

Stamp Duty Land Tax: Unintended consequences for leaseholders?

New Stamp Duty Land Tax (SDLT) rules were introduced in April 2016 aiming to tackle increases in house prices and to grow home ownership among UK residents.

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Financial Services 24 November 2016

News 14 November 2016

Is marriage enough?

The Court of Appeal has recently heard the case of heterosexual couple Rebecca Steinfeld and Charles Keidan who want to enter into a civil partnership instead of a marriage.

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Brexit 20 July 2016

Maximising the value of your leasehold property

As the property market begins to settle down after Brexit, now may be the opportune time for flat owners to enhance the value of their property by considering an...

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News 19 July 2016

Client growth underpins Thrings’ expansion plans

Leading commercial law firm Thrings is to open a new office in the south of England as part of its ongoing plans for expansion.

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