Family Business Solicitors & Lawyers for Advising Business Families
A family business is a complex creature. People say do not put all your eggs in one basket but that is exactly what your founder did when the business turned the dining room table into a boardroom table and you began making other sacrifices so that your family business is the success it is.
Now it is your most precious asset, often representing the majority of your wealth; a legacy for your family. Our specialist family business solicitors will help to ensure it is protected long into the future.
At Lupton Fawcett, we understand this and can help you whatever your concern is. With offices in Leeds, Sheffield and York, Lupton Fawcett has been advising family businesses and their owners across the generations for over 120 years. 80% of our clients have started off as business families. So whether you are a start-up or a second, third or fourth generation business with a number of shareholders, we have the right adviser to help you.
To speak to a solicitor, get in touch by calling 0333 323 5292 or request a callback by filling in the enquiry form on this page.
How We Can Help
What keeps you awake at night? Do you worry what your family’s legacy will be? Should this include philanthropy? What information your family should have about your family’s overall wealth? Will it change your family for the worst, if they have all the information you have? Who needs income after you die and how should that income be provided? Should the family own the underlying capital that generates the income or is a trust structure a better option?
If you own shares in a family business, who should own shares and when should they receive them? Should it only be family members who work in the business and who should have the voting control on those shares? What are the tax implications? How do you treat all your family fairly, especially if not all of them work in the family business? What if you, or they, fall ill, lose capacity or divorce? What should happen then?
We can advise you on:
- Succession and other exit options
- Selling your business
- Bringing in new management teams
- Balancing the interests of those working in the business with family members who are not
- Reorganisations and demergers
- Buying out shareholders and consolidating diverse inter-generational shareholdings
- Protecting property and other assets from trading risks
- Family governance and shareholder agreements
- Family Constitutions
- Professionalising the Board and branding the Family Business
- Nurturing Entrepreneurship
- Business wills, trusts and lasting powers of attorney for shareholdings
- Family Investment Companies
- Family Offices
- Business and personal tax planning
- Pre-nuptial agreements and protecting your family business on divorce
- Charitable giving
- Director and trustee duties
- Managing differences
- Family, shareholder and land disputes
- Exit recruitment arrangements for family members
- Farming structures, agricultural land and landed estates
Whether you have a specific question or just need advice on how you deal with the perennial question of your own mortality then please contact Amanda Simmonds.
The Family Business Law Team
We have hand-picked a team of family business advisers, drawn from across our specialist practice areas who are exceptionally experienced in advising families and business people like you. The purpose of our cross-departmental team is not to over-lawyer a transaction; rather, we recognise that as you wear many hats (as a director, shareholder, manager and parent or child) you need a team of experts who can work together to provide joined-up advice across all your business, family and personal matters. We put you and your family at the centre and build the right team and advice around you.
Get in Touch
We provide a personalised service, with sector specialists and extensive resources to ensure we are giving you the best solutions to your problems.
Our Family Business Lawyers act regularly for clients across the United Kingdom including Bradford, Birmingham, Hull, Leeds, Liverpool, London, Manchester, Sheffield, York and Nottingham.
As recognised Corporate Law Solicitors we can support your needs wherever you live in England, Wales, Northern Ireland and Ireland.