Website Cookie Policy

We use cookies to give you the best possible online experience. If you continue, we’ll assume you are happy for your web browser to receive all cookies from our website.
See our cookie policy for more information.

Practice Areas

More Information

thepartners@wrigleys.co.uk

Leeds: 0113 244 6100

Sheffield: 0114 267 5588

FOLLOW WRIGLEYS:

Send us an enquiry
Close

Wrigleys' succession planning specialists for family businesses

Whether it involves handing on the stewardship of a landed estate, arranging for younger generations to take on a family company, or simply passing on the benefit of private wealth, succession is at the front of many of our clients' minds and will often be the main motivation for any tax and estate planning.

What advice does Wrigleys offer?

It is important to view succession planning as part of a long-term exercise. Deciding which assets to hand on or retain, and when to do so, can be an important part of this.

Frequently, succession planning is coupled with maximising available inheritance and capital gains tax reliefs, in order to ensure that the assets concerned can be passed on, intact, without an onerous tax liability. This will normally involve a detailed analysis of a client's assets.

Some assets may not be integral to the overall running of the enterprise concerned and may not qualify for any tax reliefs, so could be suitable for giving away in the nearer future. Others may not qualify for tax reliefs at present, but may be a central part of the client's estate, and, given the right conditions, may potentially qualify for reliefs in future.

Is timing of advice important?

Tax reliefs cannot always be secured quickly, so it is vital to take advice early in order to secure them before it is too late.

'The team are exceptionally knowledgeable and have an amazing attention to detail.'

Chambers and Partners HNW Guide (2023)

Suzannah Farnell View Biography

Suzannah Farnell

Direct Line: 0113 2045 804

Partner
Leeds

Chelsea Martin View Biography

Chelsea Martin

Direct Line: 0113 204 5715

Partner
Leeds

Meet the team

04 Jun 2025
Alacoque Marvin Headshot

Martyn’s Law: What academy trusts need to know

Preparing schools for new security duties under the Terrorism (Protection of Premises) Act 2025.

29 May 2025
Marie-Louise Hamilton Headshot

Celebrating five promotions across Wrigleys Solicitors

We’re delighted to announce five well-earned promotions, reflecting our commitment to nurturing expertise and supporting career progression.

22 May 2025
 Alexandria Evans Headshot

Part-time worker claims: part-time status must be the “sole reason” for less favourable treatment, EAT confirms

In this article, we look at the recent case of Mireku v London Underground Ltd [2025] EAT 57 and its impact on less favourable treatment claims.