Owen Byrne

Owen advises UK domiciled clients on wills, trusts, powers of attorney, tax planning and the administration of estates. He specialises in the long term protection of wealth between generations, merging technical advice as to tax efficiency with each family’s differing circumstances. Many of the families he acts for, or their trustees, own private family businesses, landed estates and significant chattels collections or heritage property, leading Owen to focus on maximising the availability of agricultural and business property reliefs and IHT heritage schemes.

He particularly enjoys advising on and drafting wills and Letters of Wishes for those who have non-standard circumstances, such as those who have significant business or agricultural interests which attract specific IHT reliefs, advising on the use of trusts rather than outright inheritance for beneficiaries who could not cope with significant amounts too soon, or specific drafting for second marriage situations where a testator wants to provide for a surviving spouse but ring fence capital for children of the first marriage.

He is experienced in advising entrepreneurs at all stages in the lifecycle of their business. For example, an efficient will, personal tax strategies around sale, or how to manage the succession of the business down to the next generation of the family.