At MKB Law we offer a commercially astute solution to all your succession needs.

Our Private Client & Wealth Management Team offers a wealth of experience in a full range of services in this area and regularly advise business owners on planning for their future exit from business life and craft bespoke succession plans for passing on wealth for high-net-worth individuals.

Efficient planning for the transfer of wealth to the next generation has never been more important. Frozen Inheritance Tax allowances are set to continue until at least 2030 which will continue to erode family wealth through inflation whilst the reliefs available are simultaneously being reduced.  Without planning, more estates will fall within the scope of Inheritance Tax and what you have available for the next generation may be reduced.

At MKB Law we are here to help you plan for the future whether that be with your privately held assets or your business interests. Having a tailored Succession Plan which joins up all your interests is key to ensuring your wishes are carried out as effectively as possible. Our team can provide the appropriate mechanisms for transferring your wealth specific to your wishes and circumstances in an efficient manner.

We work alongside our Corporate & Commercial Team for their expertise where business interests are involved to ensure a joined-up approach to all your interests. We also work closely with other independent advisors in accounting, tax, financial planning and wealth management.

Key Areas of Focus:

• Tailored will planning including trust provisioning
• Inheritance Tax Planning
• Lifetime gifting including property transfers
• Establishing Lifetime Trusts
• Family Investment Companies
• Asset and Wealth Protection