United Kingdom - Scotland • Private client
Stronachs LLP
With a strong presence in Aberdeen and Inverness, Stronachs LLP routinely assists wealthy individuals, particularly business owners and farmers, with complex capital tax issues and the establishment of family investment companies. Under the leadership of Jaclyn Russell, who has particular expertise in advising landed estate owners on succession planning, the team also advises on the formation and administration of charitable entities. Senior associate Karen Oliver is noted for her expertise in high-value trusts, including personal injury and charitable trusts.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The Stronachs team provides a friendly, reliable service. They are well informed and act in a timely manner. Their work is well documented.’
‘Karen Oliver worked professionally and kept me informed of the progress. Other partners were available as and when required to witness and authorise documents.’
‘Stronachs LLP is a people business. They put clients first and can be trusted to provide a good service. Key attributes are: trusted adviser status, professional in all that they do and reliable.’
‘I referred a client to Karen Oliver to set up a new family trust. Karen communicated well and kept me updated from her side which made the process run smoothly. I have complete trust in her and Stronachs.'
'Stronachs LLP has always provided first-class service when we have required legal advice.'
Work highlights
- Provided estate planning advice to three generations of an ultra-high-net-worth business-owning family. This included advice on business succession and the maximisation of available inheritance tax reliefs.
- Advised a local entrepreneur on his estate planning arrangements, balancing the needs of his family with his overall philanthropic aims; assisted him with the creation of a new charity to support various local projects; and provided advice on distributions from an existing family trust.
- Dealt with the administration of a contentious and high-value estate, involving a fully discretionary will with accompanying letter of wishes. This involved working with the executors and the family to achieve the most tax-efficient means of distributing the estate, while still fulfilling the deceased’s overall aims. The team achieved a saving of £800,000 in inheritance tax as a result.
Practice head
The lawyer(s) leading their teams.
Jaclyn Russell