B P Collins welcomes new private wealth specialist

The Wills, Trusts and Probate team at B P Collins LLP have recently appointed a new private wealth specialist, Vicky Johnson.

During September, the firm welcomed various new solicitors to the private client practise including associate Vicky Johnson who is joining a well-established team to offer expert advice to clients on tax and estate planning.

Johnston stated that B P Collins LLP was an obvious choice for her due to its reputation for private client work in the Thames Valley and she believed that it would allow her to build a client base with strong local connections.

Craig Williams, Partner at B P Collins, welcomed Johnson and is expecting her to be a real asset to the firm and for clients to quickly benefit from her knowledge and expertise in estate planning and trusts.

Johnson previously at A City Law Firm with experience in providing tax and estate planning advice, especially to clients with assets in a number of different jurisdictions.

In her career she has proved her expertise in a few notable cases, including ongoing advice to the trustees of a set of family trusts worth around £30 million. The trust held the family business after the death of the father and involved taking into account the differing interests of the three surviving children, one of whom worked in the business.

She has, moreover, helped clients with lifetime estate planning, making gifts out of excess income and creating nil rate band discretionary trusts to receive lifetime gifts.

Johnston has experience preparing complicated wills worth around £500 million and a wide range of probate experience. One of these cases in particular was involving a £30 million 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.

Johnston’s experience has steered to her join B P Collins and offer specialised advice on private wealth. In cases of complicated financial circumstances and difficulties involving IHT and gifting, a private wealth specialist is often necessary to offer clients full and comprehensive guidance in their estate planning.

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