Our clients – owners of an estate which is run as a successful business – came to us for guidance on how best to preserve the estate for future generations. Members of our private client, family and corporate teams met with the family to discuss their objectives and the various issues that would need to be considered.
Our first step was to review the family’s wills in conjunction with their other advisers to make sure they offered the right level of protection and the flexibility for the future shifts in family relationships.
At the same time, our corporate team advised on the most appropriate corporate structure for the business.
Our family team outlined possible pre-nuptial agreements to regulate how best to protect historic family assets.
Finally, our specialists in areas including employment and property have also provided guidance on the many legal responsibilities that go with owning a large estate.