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Overview

Farrer & Co | Rhoddy Voremberg, Partner

Practice areas

  • Private Client Services

Rhoddy has over 35 years' experience of helping families – especially those owning landed estates and historic houses – to plan and implement succession. He has a deep knowledge of Inheritance Tax Law and is experienced in structuring estate businesses in order to maximise Business and Agricultural Property Reliefs.  

Private client lawyer Rhoddy Voremberg has significant experience advising individuals and families on the legal issues linked to formulating effective plans for succession. He is particularly well regarded for his expertise in advising the owners of landed estates.

His clients appreciate his expert knowledge of the law in his field, but also his ability to form long-standing relationships and facilitate excellent communication amongst his clients’ range of professional advisers.

Rhoddy has experience in advising on the conditional exemption of works of art, historic buildings and outstanding land and of offers of both land and works of art to HM Treasury in lieu of tax.  He runs the Heritage Group of Professional Advisers.

Rhoddy’s recent work ranges from leading the trustees of a historic landed estate through a major strategic review culminating in the multi-million-pound refurbishment of the house and its occupation by the next generation of the family, to helping a family convene a family conference to discuss succession to the family estates and other assets. This latter project resulted in the foundation of a successful partnership between father and son and subsequently on the father's death, to the estate passing substantially free of Inheritance Tax. 

Rhoddy recently advised a family on planning the sale of a substantial art collection, deciding on the best mode of sale, appointing an auction house and subsequently negotiating with HMRC the Inheritance Tax and Capital Gains Tax Treatment of the disposals.

In another major piece of work, Rhoddy advised on an application to Court to vary the terms of several substantial family settlements to extend their lives, restore the power of the trustees to accumulate income and add various modern powers to ensure the future effectiveness of the settlements as repositories for the family's wealth.

Expertise

  • Rhoddy is a member of the Taxation and Political Committee of the Historic Houses Association and the Tax Committee of the Estates Business Group.

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