The ability to move funds and set up businesses around the globe is becoming of increasing importance. Having the right legal advice to ensure this is possible is now a critical part of any wealth management strategy.
Forsters is recognised as a leading law firm offering a comprehensive service to international clients, many of whom have business and personal interests in the UK. Our expertise ranges from advice on structuring global assets to discrete transactions.
In addition to providing services from our Mayfair office, our lawyers travel overseas regularly to advise our clients. We have strong links with professionals in other jurisdictions and we are able to work with them, and with our clients' existing teams of advisers, to achieve the best overall outcome.
We advise on:
- acquiring and ceasing UK residence and associated tax planning
- all aspects of UK income and capital taxation for individuals and their asset holding structures
- the acquisition and disposal of UK residential and commercial property
- wealth and succession planning, including the preparation of wills and the use of trusts and other vehicles
- family law including divorce and separation, pre and post nuptial agreements and matters affecting children
- establishing and administering family offices and private funds
- structuring business assets together with associated regulatory matters.
Forsters' Private Client practice is top ranked in the latest editions of The Chambers HNW Guide.
Moving to the UK is an exciting life event whether it be a short-term move for work to explore business prospects or a more permanent relocation with the whole family; the UK offers an eclectic range of options to live, work and learn, from the cityscapes of London to vineyards in the English countryside and historic university towns in-between. Setting up life in a new country can feel daunting too and it can be difficult to know where to start.
Individuals and families intending to relocate to the UK should ensure they undertake pre-arrival tax planning in advance of a move, so that their affairs are arranged as efficiently as possible for UK tax purposes.
From growing a business to starting a family or handing over control of that business to the next generation, every individual has their own goals to aspire to. Our Private Wealth lawyers advise our clients throughout this family life cycle, providing the legal advice required for specific transactions such as purchasing a home or selling a business, whilst also advising on the long-term opportunities for succession and estate planning.
In Lexology Getting the Deal Through's Private Client 2021 guide, Forsters' Private Wealth team have outlined the important estate planning issues that international clients need to consider if they wish to invest in or come to the UK.