04 March 2016
Two’s company as B P Collins strengthens its private client team
Leading Buckinghamshire law firm B P Collins LLP has added new depth and expertise to its private client team with the appointment of two new lawyers.
An experienced private client specialist, Lucy has spent the last decade advising clients at a respected regional law firm, and says she was attracted by B P Collins’ “long-standing and very good reputation”.
She specialises in advising high net worth clients on drafting wills, Lasting Powers of Attorney, Court of Protection work, estate planning and administration of estates and has also advised families with a mix of business interests, farming assets and property overseas.
Lucy says ensuring your will is in order is especially important for those who have been married several times and/or have live-in relationships, and want to ensure any children receive their inheritance in the future, while also looking after the current partner.
At the same time, as people live longer, Lucy says she has seen an increase in families requiring specialist advice for estate planning - particularly protecting your assets from being sold to pay for care home fees - and in setting up Powers of Attorney.
Increasingly, she is also advising both parents and grandparents who are keen to help younger members of the family with financial gifts, advising on the setting up of Declaration of Trust documents, to help ensure any money remains within the family in the event of a relationship breakdown.
Lucy, who lives in Aylesbury, is a full member of the Society of Trust and Estate Practitioners (STEP) and is also busy planning for her own wedding later this year.
Dominic, who trained with a Mayfair law firm and qualified as a solicitor in 2012, advises on wills, trusts, estate planning, powers of attorney, deputyships and other applications to the Court of Protection, and the administration of estates.
He particularly enjoys helping families understand the complexities of trust law, and also specialises in applications to the Court of Protection for vulnerable people who have lost the capacity to deal with their own affairs.
Agreeing with Lucy, he says today’s more complicated family structures make it more important than ever for individuals to plan for the future and make sure they have their affairs in order.
Currently studying hard for full STEP membership, Dominic and his wife, whose family live in Amersham, are expecting their first baby later this year.
The 8-strong private client team, ranked top in the region by independent legal directory The Legal 500, specialise in wills, trusts and probate matters and advice regarding the validity of wills, claims under the Inheritance Act and applications to remove personal representatives from their roles as executors and administrators.