Sheffield solicitors, Taylor&Emmet, is introducing a new multidisciplinary service tailored to the needs of high-net-worth and ultra-high-net-worth individuals.
The firm has created a dedicated wealth management team to handle the complex estates of families across the UK with multiple assets and income streams.
Led by the firm’s head of wills and probate, Richard King, the wealth management team will liaise with external advisers, where necessary, to help clients structure large estates effectively and efficiently to reflect their current circumstances and plans for the future.
The new department comprises experts from Taylor&Emmet’s probate, residential property, family law, litigation and business teams. They will work together to provide bespoke advice on a range of issues, such as private wealth structuring, succession planning and cross-border estates.
“As the number of complex, high value estates we manage has gradually increased, it became apparent we needed to find a way to handle them in a simplified, streamlined manner,” said Mr King.
“By combining different legal disciplines under one umbrella, we can make life easier for clients and provide discrete, personalised advice, based on each individual’s unique set of circumstances.”
In response to an increase in wealth management enquiries from London and surrounding counties, Taylor&Emmet has secured premises in Covent Garden, to make its services more accessible to clients in the south.