‘Ultimately, I help my clients with the protection, provision and preservation of their wealth for generations to come,’ says Yorke Eaton. He and his Manchester and Leeds-based team specialise in providing bespoke services and solutions on both a national and international scale, focusing on capital tax planning advice for entrepreneurs and business owners, and ultra and high net worth individuals and their families. He regularly advises on succession planning, family governance protocols, complex will drafting, powers of attorney, and on trust formation and restructuring, in particular acting on behalf of trusts where the only or main asset consists of shareholdings in private family companies, as well as corporate vehicles to manage wealth.
‘In addition, we act for many charities and advise on the wide variety of transactions they become involved in,’ says Eaton. ‘These include fundraising issues, governance and structural matters, trading, taxation, mergers, and trustees’ duties and responsibilities, as well assisting with complex commercial transactions.’
Addleshaw Goddard has had a strong year of revenue growth advising private clients, owner-managed businesses and landowners on the issues they face, both personally and professionally. The close integration between the private capital team and their corporate team has seen even greater pre-deal succession planning in the ownermanaged business space year-on-year. He’s noticed that, in the past couple of years, clients have grown increasingly internationally mobile with the corresponding cross-border issues. He also says there’s been an increase in ‘administrative and regulatory issues on the various structures clients will look to put in place.’
A third-generation private client lawyer, Eaton grew up around ‘client dinners at our family home, school holidays working in the family’s law firm (for considerably less than the minimum wage), and my parents hosting visiting judges, which all led me down the legal path – albeit with a slight detour into business, before taking the plunge.’
As for his typical working day, Eaton says that on Monday mornings ‘I can expect that one of my key clients will be calling to cover several matters, most likely (a) to fill me in on their weekend and to share a mutual interest (typically music, food, motoring or agricultural and forestry machines), (b) to develop further where we are on their wishes for various children, step-children and grandchildren, following a partial exit from one of their business ventures, and (c) to no doubt inform me of a new property purchase or business investment.’