Top Recommended Tax & Trust Lawyers

‘For owners of family businesses, the political and economic upheavals of the last year increased the focus on protecting wealth long-term,’ says Boodle Hatfield’s Hayden Bailey. ‘Clients are focused on preservation of wealth, but at the same time do not want asset protection structures to create a compliance burden that stifles the ability to make commercial decisions.’ At 43, Bailey says he is the right age to bridge the gap between the baby boomer wealth creators and their millennial children. ‘If the children don’t trust my advice, things can fall apart,’ he says. ‘It is important that they are brought in early and understand the reason the structures are there.’