11 September 2015
Private client practice welcomes new faces
During September, the firm welcomed several new solicitors to the private client practice. Associate Vicky Johnson, newly qualified Thomas Bird and Simon Hollis are working with a well-established team to support all clients’ needs.
Vicky, a private wealth specialist with City law firm experience, joined the team as an associate on 1 September and says she was attracted by B P Collins’ reputation.
“The firm has such a good reputation for private client work in the Thames Valley, so it was an obvious choice,” she said. “I also wanted to join somewhere where I can build a client base with strong local connections.”
Vicky specialises in providing tax and estate planning advice, especially to those clients with assets in a number of different jurisdictions, something that partner Craig Williams believes will be a real asset.
“Vicky has an excellent track record and she brings with her a strong understanding of the issues involved in estate planning and trusts. We are certain that our clients will very quickly benefit from her knowledge and expertise in this very important area,” he said.
Among the notable cases Vicky dealt in her previous role with was the provision of ongoing advice to the trustees of a set of family trusts worth around £30 million in total, which held the family business following the death of the patriarch, including taking into account the differing interests of the three surviving children, one of whom worked in the business.
Vicky is well versed at advising on lifetime estate planning, including making gifts out of excess income, and the creation of nil rate band discretionary trusts to receive lifetime gifts. Among her cases, she prepared wills for clients worth around £500m, taking into account US CGT and gift taxes, and the US tax implications of the wife possibly renouncing her US citizenship.
Among her wide-ranging probate experience, she dealt with one case involving a £30m estate, which included arranging the restitution of a painting which had been looted in the war, and making a gift of two paintings in lieu of IHT.
Vicky lives in Beaconsfield with her husband and two young daughters.
Thomas began his training contract with B P Collins in September 2013, qualifying as a solicitor two years later on completion of his final seat with the private client practice. Thomas will continue to support the team with a range of estate planning, wills, powers of attorney and probate matters.
As well as being a valuable addition to the private client practice, Thomas is also well-respected for his enthusiastic approach to fundraising on behalf of the firm.
A keen sportsman, he led a team of staff members to success through the Tough Mudder course in May. At the time of going to press, Thomas was currently in training to complete his second Three Peaks Challenge in aid of Heart of Bucks on 12 September, alongside seven other members of staff.
Simon is a very experienced private client solicitor, supporting the practice on an open ended basis. Simon has amassed a wealth of expertise over 25 years, having previously managed a successful private client team in Cumbria.
Paul Lowery departs
Private client partner Paul Lowery will be leaving the practice in the autumn. We would like to thank Paul for his work with the firm in recent years and wish him the best for the future. Following his departure, Paul’s ongoing client work will be transferred to fellow team members.
If you would like to meet any of the new or current private client solicitors to discuss a particular matter, your will or how recent changes in the law may affect your wealth planning arrangements, call 01753 279030 or email firstname.lastname@example.org.