Private Wealth

Practices Private Wealth

Whether you need to structure international property holdings, are solving family affairs or governance or want to protect investments, our team will deliver tailored solutions to meet your specific situation.

Private Wealth

We act as trusted advisers for entrepreneurs, family offices, family companies and individuals, making an emphasis on personal relationships and a hands-on approach. In a fast-changing and increasingly compliance-focused world, the need for expertise that reaches across borders has never been greater. Our private wealth team uses our independence to add the best local expertise in other countries to our in-depth knowledge. Our services include:

Tax planning

We have particular expertise in the rules applying to entrepreneurs and international families. We provide full-range tax services, and we can take care of your personal tax matters and tax structuring (i.e. cross-border). Our team also assists clients in tax investigations and disputes, as well as in less formal discussions with the tax authorities.

Estate Planning

No matter whether the holding vehicle for a family's wealth is a trust, a company, or another entity, we can help plan for effective management and wealth or business succession.  Our experts can help you with fund formations, structuring of business, restructuring of assets before transactions and division of property navigating through legal and tax rules.

Family Governance

We can help identify the core values of a family and set common goals in private trust companies, family councils, shareholders’ agreements, or a single document, such as a family constitution. We have been assisting with pre-nuptial and nuptial agreements, identifying heirs in successive generations, drafting testamentary disposition (pre-counselling) regarding the assets, possible division, jurisdiction and applicable law.

Private client in an international context

TGS Baltic team is assisting families regarding immigration, relocation, tax residency, as well as various issues related to international estate planning for choosing the most appropriate estate and matrimonial legal regime.

Philanthropy and art

We can ensure that your good causes are well executed, our team is ready to help you with not only legal but also tax aspects of the formation of charities and art foundations, grant agreements, import and export of works of art, copyright, and ownership matters. We can help you with matters such as:

  • Establishment and setting up: family offices, limited liability companies, partnerships, investment funds, foundations, trust, charities and other vehicles;

  • Tax: tax planning, tax structuring, tax residency, international taxation, personal and corporate income taxes, capital gains tax, real estate tax, gift and inheritance tax, social security contributions, tax compliance, tax investigation, tax disputes and litigation;

  • Family: pre-nuptial and nuptial agreements, family constitutions, family charters, family governance structures, wills;

  • Employment: employment contracts, immigration, international assignments, stock options and incentivisation;

  • Real estate: acquisition, sale or mortgage of personal property, rent of residence for expatriates, international commercial or residential real estate investments;

  • Investments: investment structuring, investment management contracts, life and health insurance;

  • Succession planning: transfer of wealth and control of business, wills, holding structures, setting up trusts;

  • Governance and regulatory: licensing, compliance, reporting, legal advice on regulatory requirements;

  • Dispute resolution: estate and inheritance disputes, divorce, court consents in relation to minors, personal creditors litigations;

  • Charity and philanthropy: restructuring of charities and governance reviews, charity investments, operational matters, grant agreements, sponsorship arrangements.

Major Deals

  • 17.12.2021

    TGS Baltic advised the shareholders of Medicinos Bankas on the sale of 100% of the bank’s shares

    We advised Konstantinas Karosas and Western Petroleum Limited, the shareholders of Medicinos bankas on the sale of 100% of the bank’s shares to the purchaser AAA Capital.

  • 23.07.2021

    TGS Baltic advised Light Conversion on the sale of 25% of shares to 7-Industries

    We advised the founders of Light Conversion, one of the world's leading manufacturers of femtosecond lasers, on the sale of 25% of shares to the Israeli based family office 7-Industries.



Key Contacts