HCR Hewitsons

Private client services.

Head of private client services/director of private client services.

Terry specialises in tax planning and wealth transmission/protection for the wealthy client and Middle England. He advises in connection with the creation and restructuring of trusts, inheritance and capital gains tax planning, structuring wills to involve trusts where appropriate to safeguard assets for the benefit of family members, tax-efficient investments, and drawing up powers of attorney.

For business owners he is able to implement cross-option arrangements involving trusts and the use of insurance policies to ensure a practical solution in buying out the interest of a deceased business colleague, and prepare tax-efficient wills to maximise business property relief and ensure to continuation of the business without undue difficulties.

Examples of work undertaken include

Advising an entrepreneur on an inheritance tax mitigation plan to involve either a family investment company or a trust structure to keep future taxable growth out of his and his wife’s estates;
Creating a trust as a potential recipient of a pension scheme lump sum to keep assets from being taxable in the hands of family members;
Advising a family on the strategy for the future disposal of multiple farming properties; amongst others,

Terry believes that there is a niche in the private client market for senior level advice provided at a non-extortionate cost, which fits in with the ethos of the firm.

Qualified 1989; Pinsent Curtis (Biddle) 1996-2002; Putsman.wlc 2002-05; Cobbetts (latterly DWF) 2006-13; Emms Gilmore Liberson 2013-to date.

Law Society, Society of Trust and Estate Practitioners.

King Henry VIII School; St John’s College Oxford (1986 BA (Oxon) Law).

Watching sport, church, dream interpretation.