We help partners protect wealth and family interests with clear, practical advice. Our private client team explains how partnership interests and high-value assets change what good planning looks like. We focus on tax-efficient structures, Wills, trusts and succession that work in real life.
This is forward planning, not just paperwork at the end of life. We help you prepare for loss of capacity, future care costs and business continuity so your firm and loved ones face less disruption.
We handle complex estates that cross borders. Our role is to turn decisions into documents and workable structures. If you want a straightforward view of Wills, LPAs, tax steps and succession, start here or read more on our private client services.
Key Takeaways
- We protect family wealth while keeping control of business interests.
- Partnership stakes need tailored solutions beyond standard private client work.
- We cover Wills, trusts, LPAs, tax steps and succession planning.
- Our advice turns choices into practical documents and structures.
- We manage complex and international cases with clear, calm guidance.
Estate planning for partners in professional firms uk: protecting wealth, family and firm interests
A partner’s stake often comes with transfer rules, confidentiality duties and tax traps that need careful handling.
We work with clients to turn goals into clear actions. A partner’s value is frequently tied to a practice, so simple Will clauses can fail when firm rules apply.
We prioritise control, privacy and flexibility. That means deciding who makes choices, who benefits and when those benefits take effect. We keep the next generation in mind while protecting your present role.
- Why it is harder: interests can be illiquid and governed by partnership rules.
- Privacy matters more: professional duties and client confidentiality affect disclosure.
- Triggers to act: promotion to partner, retirement, marriage, divorce or children.
- Tax and laws shift: UK rules and international reporting change often, so reviews matter.
We bring private client experience to simplify choices and reduce surprises for both family and business. If you want practical steps now, secure your family’s future.
What a robust estate plan should cover for partners and their families
A robust plan ties your Will, capacity safeguards and tax steps into one clear route for your family. We focus on practical steps that protect your interests and keep the firm and loved ones running smoothly.
Wills that reflect partnership interests and your wider estate
Making an up-to-date Will is vital to ensure wealth passes as you intend. We draft clauses that handle partnership interests alongside other assets so executors are not left guessing.
Lasting Powers of Attorney for welfare and financial decisions
LPAs can be put place for welfare and for finances if you lose capacity. We explain the difference and help you choose trusted people to act immediately when needed.
Inheritance tax planning to minimise IHT and protect family wealth
Inheritance tax work focuses on protecting family wealth and reducing avoidable tax. We set clear actions, not technical lectures, so loved ones receive the full benefit.
“Early action widens your options, especially where assets are valuable or illiquid.”
- Joined approach: Will, capacity and tax measures that work together.
- Practical questions: Who inherits, what happens first, what stays protected.
- Busy clients: Clear actions, timelines and a plan you can review.
Our private client estate planning services for partners and high-value estates
Our team delivers partner-led private client services that balance practical action with discretion. We design clear steps to protect high-value assets, keep family life stable and keep the business running.
- Wills: Draft, update and execute documents that reflect partnership rules and wider goals.
- Trusts: Set up lifetime trusts or Will trusts to control who gets money and when.
- Trustee support: Help you choose trustees and provide ongoing administration to reduce pressure on family.
- Structures: Advise on holding vehicles, including family investment companies, to improve long-term control.
- Succession: Succession and succession planning for family business ownership and smooth handovers.
- Care and home security: Steps to plan for care fees, severance of joint tenancy and protect the family home.
- Tax and charity: Practical inheritance tax and tax planning advice and philanthropy options to support causes and reduce liability.
- Administration and disputes: Support executors, beneficiaries and help resolve private client disputes when needed.
We coordinate with your advisers so the plan works as one whole. Our aim is simple: sensible actions, clear documents and less stress for the future.
International and multi-jurisdiction estate planning for globally connected partners
Cross-border holdings demand clear rules so family and business interests move smoothly between jurisdictions.
Different jurisdictions apply different laws and tax rules. That can lead to double tax, surprise inheritance outcomes or blocked assets.
Avoiding double taxation and aligning UK planning across jurisdictions
We map your assets and apply treaties to reduce the risk of the same wealth being taxed twice. Clear records and timely filings cut the chance of costly disputes.
Residency and domicile considerations
Residency and domicile affect how tax applies. Small changes of status can change liability for decades. We explain the tests and practical steps to protect your next generation.
Offshore structures, reporting and information exchange
Offshore structures still have a role, but CRS, FATCA and automatic information exchange mean transparency now drives choices.
| Issue | Why it matters | Typical action |
|---|---|---|
| Double taxation | Two jurisdictions claim the same income or assets | Use treaties, credits or local reliefs |
| Forced heirship / Sharia | Local laws can override testamentary wishes | Draft local-compliant documents and consider trusts |
| Reporting & enquiries | CRS/FATCA and HMRC checks increase scrutiny | Keep records, file correctly and work with advisers |
We co-ordinate closely with trusted overseas advisers so your plan works across borders. For details on cross-border cases, see our planning for expats with overseas assets.
Conclusion
Practical steps today reduce stress and preserve control tomorrow.
We recap the core message: partners need a joined-up plan that protects family, wealth and firm interests. A Will that matches your partnership reality, LPAs to handle loss of capacity, and tailored inheritance tax work form the three foundations.
Trusts and suitable structures keep control and privacy where assets are complex or family life is blended. Good advice also prevents disputes and eases administration.
We give clear advice in plain language, move from decisions to signed documents, and support clients with ongoing care. Speak to our private client experts to build a plan that fits your family, assets and long-term aims.
For business owners seeking tailored measures see planning for business owners.