Asset protection tops priority list for private client lawyers

Asset protection comes a clear first when private client lawyers are asked about the biggest issues facing their high net worth clients over the next five years.

HNW clients' major concern is asset protection, according to Wealth Report 2013 Menna

Tax planning comes second, followed by regulatory change and then dealing with undeclared assets and amnesties. The ranking of issues is given in the 'Wealth Report 2013', sponsored by Global Legal Post in association with Boodle Hatfield. Talking about tax planning, Katie Hawksley of Boodle Hatfield says: 'Clients still want certainty as to their tax affairs.  But increasingly, in the UK, it is possible that advice is given in one tax year which might change the next.'

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