Succession Planning

Providing expert advice on how best to pass assets on to the next generation is a cornerstone of the work we do with our individual and family clients. We understand that every situation is different, and we take pride in ensuring that the advice we give is bespoke to the specific needs of you and your family.

One of our families of clients has chosen us for over 270 years and across seven generations – we’re confident we can provide you with the same exceptional service. We’ll help you address complex questions with a combination of empathy and pragmatism enabling you to identify your immediate priorities and plan for long-term goals.

We recognise the value in providing legal advice clearly and concisely, and we’ll make sure you understand all of the suggestions that we share with you.

It can be tricky to decide who should inherit what, especially if you have more than one relative to consider. You’ll want to plan whether or not the assets should be split equally between, for instance, all the children, or if taking the family business on is the right course for just one of them.  We then can help you to decide how best to plan for their financial futures.

After discussing your personal needs, requirements, family and business situation, we’ll lay out various options so you can choose what the best solution is for you and your loved ones. We have real depth of knowledge in understanding the issues faced by families looking at how best to progress a business or safeguard assets and we’ll help you create a structured succession plan that fits the best interests of you and your family.

With the law of succession in Scotland currently undergoing review, we also keep a close eye on how any potential changes could impact our clients as they plan for their families’ futures and we’ll factor any updates into our suggestions for you.

We understand that assets take many forms and we work with an outstanding and varied client base of entrepreneurs and family businesses, farmers and landowners, owners of heritage property and other high net worth individuals in Scotland and beyond.

With accredited specialists in trust law, charity law and private client tax, solicitors dual qualified in Scotland and in England and Wales, Chartered Tax Advisors and the support of our Anderson Strathern Asset Management arm, we can ensure that you’ll receive a tailored and complete service.

We're here to help

If you’d like to hear more about how we can help you with succession planning or if you have specific questions, please contact us.

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"Having outsourced work on several occasions to the team at Anderson Strathern, I have found their level of client care and attention to detail quite exceptional. This high-level service has been confirmed continuously by way of extremely positive feedback from clients of our firm."

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