Raworths LLP
Family Businesses & Succession Family Businesses & Succession

Family Businesses & Succession

Business

We act for businesses as well as the people who create, own and invest in them, building long term relationships with our clients to understand the unique challenges and opportunities they face. Our depth of experience and knowledge is focussed on providing practical advice designed to meet all our clients’ business needs.

Individuals & Families

We understand how important your case is, our experienced teams are on hand to provide practical and effective legal advice. With one of the largest teams of lawyers in North Yorkshire we work for wealthy individuals and their families, trusts and family businesses - your needs are at the heart of what we do.

Property

Our Commercial, Residential and Agricultural Property teams have the expertise to help you deal with the opportunities and challenges of the freehold and leasehold real estate market. We have substantial depth of experience of the property world and its demands which gives us the crucial ability to help you achieve your aims.

Resolving Disputes

Disputes are an unavoidable fact of life, but when they happen it is essential to find a quick, effective and practical solution to the situation. Whether your issues are commercial or business related, family or personal, we have the depth of experience, imagination and expertise to help you solve your problems.

Simon Morris

Head of Corporate

Rachel Tunnicliffe

Head of Trusts, Wills and Estates

Phil Parkinson

Associate

Thaynara Charlesworth

Solicitor

We advise the owners of family businesses on planning and managing the transition of ownership to the next generation.  Dealing with this in a considered way can reduce the risk of family and business disputes, as well as maximising tax efficiency across the family.  We ensure our advice reflects the family’s priorities and objectives for the long term preservation of the family’s wealth.

This might involve some or all of the following:

  • Inheritance tax advice.
  • Negotiation and documentation of a family charter or constitution.
  • Will planning.
  • Measures to minimise the impact on the family business of possible divorces.
  • Ownership structures including trusts and family investment companies.
  • Trust arrangements around insurance products for example, cross-option agreements or key man policies.