Private Wealth

Legal specialist for private wealth management

Specialist lawyer for high net worth families

Secure your family’s future for generations

Passing your assets to the next generation is a process that requires considerable preparation, particularly high net worth individuals who ultimately have more to give. Successful high net worth estate planning involves multiple elements, from tax planning to the use of Trusts and Wills. Each element will need to be very carefully structured and integrated.

Keep your wealth in your family

Your dedicated lawyer, whenever you need us

By establishing long-term relationships with our clients and their families we are able to provide in-depth, clear and bespoke wealth planning services.

Our Private Wealth expertise includes:

  • Private Wealth and divorce

  • Pre and post nuptial agreements

  • Trusts

  • Tax, estates and succession planning

  • Wills and probate

  • Estate planning, UK & abroad

  • Purchase and sale of high value properties.

  • All areas of non residential land and property acquisitions and disposals.

  • Business succession planning, including business restructures, refinance arrangements and preparing shareholder agreements.

Don’t risk expensive mistakes.

Supporting high net-worth families since 1882

The Goughs approach to private wealth

Our expert team of solicitors provide advice on all aspects of wealth planning for high net worth individuals. Our advice is bespoke to our clients’ needs.  We find practical solutions to meet our clients’ objectives in relation to tax efficiency, asset protection and succession planning.

10% Discount across all legal services for military families

Pricing for a single Will

Starts from £xxx

Pricing for multiple Wills

Starts from £xxx

Pricing for a joint Will

Starts from £xxx

Digmore Sid

Excellent service

I engaged the services of Goughs Solicitors in Trowbridge, in particular Ailie Peacock, to act on my behalf for the sale of my house. Ailie was always clear with her advice, acted in a timely manor and answered any questions I had almost immediately. She was very proactive in dealing with the other parties involved in a slightly convoluted chain.

Ailie also managed a very late request from our buyers with calm efficiency and the utmost professionalism. The end result was a smooth sale and completion, with remarkably little stress on our part. I would not hesitate from using them again.

2021-02-27

Margaret Wilson

Clear concise advice

Quick response to e-mails or phone calls. Will certainly use again in the near future. Clear concise advice patiently given!

2021-03-09

Mr Ian Liddle

Excellent service

Excellent service as usual.

2021-04-01

Alan

Superb once again.

Superb once again. Goughs provides outstanding service... professional in getting the job done and conducted with grace and care. Thank you Goughs!

2021-04-01

Ashley Stone

Rhianna Cole

The solicitor I dealt with at Goughs, Rhianna Cole, was an absolute star, I cannot fault her in any way at all. She made everything in the situation I was in so easy to understand, and she guided me through an extremely stressful time, with extreme professionalism, yet a very personal and sensitive touch. Can't big them up enough.

HIGHLY RECOMMENDED.

2021-04-01

Matt Saunders

Made first-time buying a (relatively) simple process!

Sophie was very attentive and responsive and understood the need to act quickly in regard to our purchase process. She was diligent with the paperwork and was very easy to talk to and clear at explaining what was required in terms of action from our side and from the seller.

2021-04-08

Testimonials

Legal 500

The Legal 500 is a research, ranking and publishing firm

Knowledgeable individual solicitors who when necessary are able to work together to review problems in depth   and put together sensible, appropriate and achievable solutions.

2021-02-01

Chambers & Partners

Chambers and Partners produces international rankings for the legal industry

Adept at handling complex divorce proceedings and related financial disputes. Regularly assists with challenging private law children cases. Offers further experience in negotiating pre-nuptial and cohabitation agreements.

2021-02-01

Peter Hellyer

My first port of call for all legal services

I have found Goughs Solicitors in Chippenham & Trowbridge to be fast and very efficient in their services to me, they understand your instruction and get on with it! They are very easy to talk to, which is equally very important to me. They are my first port of call for all legal services.

2021-02-14

Rosemary Griffin

Extremely efficient

I have used Goughs solicitors for conveyancing on more than one occasion. I found them to be extremely efficient and professional and wouldn't hesitate in recommending them.

2021-03-09

AP

Trustworthy

Very human, understanding, trustworthy, feeling of honesty.

2020-04-08

Your private wealth questions answered

The simple answer is yes. In recent years the law has developed to make pre-nuptial agreements very powerful documents, provided all the necessary legal requirements have been met.

At Goughs Solicitors we act for many wealthy individuals for whom protecting and passing on your wealth to your loved ones is an inevitable priority at certain points in life. Our expert team of family lawyers advise on pre-nuptial agreements to ensure that wealth passed down to children who plan to marry is protected. We also advise those who have married but have not received an early inheritance yet, and a post-nuptial agreement can be a sensible way to ensure protection for family wealth is in place before steps are taken to gift assets or money, or to transfer business assets as part of an early inheritance.

For those who have been married before, who are bringing high value assets to a marriage, are likely to inherit or receive wealth in the future, or wish to recognise the position of children from previous relationships, a pre-nuptial agreement, or a cohabitation agreement where parties do not intend to marry but will live together, is a sensible and even essential safeguard to put in place.

The Private Wealth team at Goughs Solicitors are specialists in advising on the creation and administration of Trusts, and in particular, in relation to the preservation of wealth.  Trusts have long been used as vehicles to offer protection to family wealth.

A Trust will give assets to the people you allocate (the Trustees) to hold for the future benefit of others (the beneficiaries). Trusts can be set up during your lifetime (by using a Trust Deed) or upon your death (when included in your Will). Trusts are often used as a tool for the benefit of inheritance tax planning.

The Goughs Private Wealth team are able to offer bespoke advice in respect of every client’s individual needs.

Succession planning can involve making a Will to set out who you wish to inherit your assets. For complex families and particularly those with high net-worth, there may be additional steps required. This could be creating Trusts or family investment companies to protect your wealth for future generations. It may also include the appointment of professionals to assist in the management of your assets. Succession planning will:

  • Manage family expectations of their inheritance to avoid future disputes

  • Educate the next generation on their future responsibilities and how to manage their large inheritance

  • Minimise inheritance tax

  • Assist you in deciding how to hand over control of your business

  • Allow you to consider the rewards of allocating some of your wealth to charity (find out more of the benefits by clicking here.)

  • Give you the opportunity to plan for unexpected circumstances, such as losing mental capacity

The Private Wealth team at Goughs Solicitors, Wiltshire, specialises in advising clients on how best to structure their estates to ensure their wealth is passed down through their family.

A Will may be the most important legal document a high net worth individual can consider and create. A Will sets out how your assets, business, property and finances, will be distributed on your death.

Although, in cases of ultra high net worth estate planning you must have a very clear and comprehensive idea of how you wish your assets to be broken down on your death. A Will is the essential part of the process to ensure this happens. 

Goughs Solicitors can offer advice tailored to you and your family to create a Will that suits your requirements. A vague or confusing Will may get contested after your death which will ultimately mean further suffering, and financial burden, on those left behind. 

Why work
with Goughs?

Local since 1882, with an excellent reputation

First-class, effective service

Nationally accredited law firm

Recognised by Legal 500 and Chambers & Partners

Knowledge

Our departments work together so we can address all of your specialist legal needs smoothly and efficiently.

Your private wealth team

Dawn Moir

Partner (TEP)

Dawn joined in 2003 and became a partner in 2004. Whilst Dawn supports her team with all aspects of estate planning and estate administration, her particular areas of expertise are later life planning & support, and trust creation & administration, including all things tax.

Phillip Bolton

Partner & Head of Private Wealth

Phillip is a Partner and Head of the Private Wealth Team at the firm. His practice encompasses all aspects of private client work, with a particular interest in complex Wills, wealth preservation, tax mitigation, and estate planning.

Sophie Laird

Residential Property Practitioner

Sophie deals with all aspects of residential property, remortgaging, tenancies, transfer of equity, help to buy, and military help to buy schemes.

 

Nadine Cook

Associate Solicitor

Nadine joined Goughs as a Solicitor in 2019 and progressed to Associate level a year later. Nadine provides a professional service to her clients in a friendly and welcoming manner, and she works proactively and efficiently to ensure that her clients' needs and expectations are met.

Ross Phillips

Partner

Ross thrives on obtaining favourable financial settlements for his clients and achieving a fair outcome for parents who may be having difficulties managing childrens’ arrangements with their ex-partners.

Gemma Sumsion

Head of Real Estate & Corporate

Gemma is a Partner and Head of Real Estate & Corporate. She specialises in commercial property and corporate matters, acting for a wide range of clients.

Related Pages

Explore everything you need to know about protecting your wealth in marriage.

What is a Lasting Power of Attorney?

Everything you need to know about Lasting Powers of Attorney.

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