+44 (0)207 465 4313

Frederick Bjørn

Partner  |  Payne Hicks Beach
JURISDICTIONS QUALIFIED IN

England and Wales

TOP 3 AREAS OF EXPERTISE

Family business governance
Succession planning
Tax

Q&A

What has been the highlight of your practice over the past 12 months?

The April 2017 tax changes caused stress for a number of my clients but in particular a client and their family who had inherited an historic property holding structure that was no longer beneficial and was expensive to run but resulted in significant tax charges to unwind. The matter involved multiple jurisdictions (Jersey, Liechtenstein, USA and UK) and complexities. However, a creative solution was found and all parties were notably relieved when the matter was finally resolved.

What advice would you give rising stars/new lawyers in the private client world?

It is very important to start networking and cultivating contacts at an early stage in your career as they take time to develop and it is much harder to build relationships over a short period of time.

What is your favourite quote?

"Don't ever forget that you will work all of your life to be a success overnight," Warren Miller.