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Richard Honey

Senior Associate

Richard deals with a variety of private client work, including advising on will drafting, tax planning, probate and general trust and estate administration.

richard-honey

About

Richard advises on a full range of private client matters, including will drafting and lifetime and post-death tax planning, to include succession planning for those individuals with family business interests. Richard also advises on trust creation and administration as well as capacity issues, including advising attorneys on their duties and responsibilities and any necessary applications to the Court of Protection.

More recently, Richard has begun developing a niche for complex estate administration matters on behalf of executors and beneficiaries, especially those with a contentious element. Richard is a key member of the firm’s Legacy Administration team and his experience in advising charities covers a wide variety of issues, as well as teaching the inheritance tax module on the Institute of Legacy Management’s Essentials Course for charity legacy officers.

Richard was noted as a Rising Star in the 2023 Legal 500, and was named as one of the 2021 eprivateclient Top 35 Under 35, the definitive annual list of leading young private client practitioners in the UK and UK Crown Dependencies.  Richard is also a Full member of the Society of Trust and Estate Practitioners (STEP), the world’s leading organisation for private wealth professionals.

Richard is admitted to practise in England and Wales.

Experience

  • Advising on a claim against executors for an alleged breach of their duty of care in the administration of a complex estate, maximising post-death planning opportunities for two generations of a family.
  • Advising multiple generations of a family in relation to their successful, national family business and personal assets.
  • Considering and advising on a practical solution for the executors of an insolvent author’s estate by unwinding a complex family trust whilst minimising inheritance tax.

Recognition

  • 2021 eprivateclient Top 35 Under 35 logo
  • STEP_Logo_Strap_RGB

Our thinking

  • Charitable bequests from wills at an all-time high

    Kathryn Reid

    Quick Reads

  • Charles Russell Speechlys receives Top Awards from Stonewall’s Workplace Equality Index

    Lesley O’Leary

    News

  • Inheritance tax receipts continue to rise - and what to do about it

    Richard Honey

    Quick Reads

  • Charles Russell Speechlys awarded Gold Award by Stonewall

    Lesley O’Leary

    News

  • A long-term legacy: charitable giving on the rise

    Richard Honey

    Quick Reads

  • Can I get a witness? Challenges for charities in the age of video witnessing

    Richard Honey

    Insights

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