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News

Newcastle Law Firm Sees Increase in Demand for Wealth and Succession Planning Service Post-Budget

Newcastle law firm Burnetts Solicitors LLP has seen a significant increase in demand for its new Wealth and Succession Planning service following the Autumn budget announcements.

Burnetts, based at Citygate, began offering the specialist service in January this year and following the Budget announcements on the 30th October, the firm is seeing unprecedented demand as clients rush to review their affairs.

Richard Miller, Burnetts’ Chairman and lead Partner within the Wealth and Succession Planning service, said:

We had already identified a gap in the market whereby family businesses needed practical and solutions-focused advice from their solicitors in respect of their plans for the future of the business

The changes to inheritance tax reliefs on agricultural and commercial property assets set out within the Budget has now intensified the need for this focus and we are well placed to look after our clients by ensuring that their current circumstances are fully evaluated, before setting out the options for changes to be made. The feedback from clients so far has been extremely positive.”

Managed personally by Richard Miller along with tax and estate planning specialists Mike Nicholls and Emma Baker, corporate law experts Michael Walby and Jennifer Bell, and Mark Ward of Burnetts’ Family law team, the Wealth and Succession Planning service is completely bespoke and helps clients prepare for the transfer of their wealth in the most tax-efficient and protected manner, ensuring both the continuity of their business interests, and the financial security of their next generation.

To find out more about the Wealth and Succession Planning service and Burnetts Solicitors, please visit www.burnetts.co.uk

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