Bik-ki Wong
Head of Private Wealth, trusted adviser to high-net-worth clients on complex estates, combining technical excellence with clear, client-focused guidance.
Specialisms & Areas of Work
Biography
Bik-ki qualified as a solicitor in 2006 after studying law at the University of Liverpool and completing her training contract at Stephensons Solicitors. Before joining Myerson in February 2016, she was a Partner and Head of Wills and Wealth Planning at SAS Daniels and had been with the firm for over 10 years. In September 2019, Bik-ki was promoted to Head of Wills, Trusts and Probate and formed the Private Wealth sector within the firm.
Bik-ki is STEP (Society of Trusts and Estate Practitioners) qualified, a fully accredited member of the Association of Lifetime Lawyers (formerly Solicitors For the Elderly) and also a member of the Private Client Section of the Law Society. She has years of experience dealing with high net-worth individuals as well as those who have more complicated circumstances or those with mental capacity issues and is known for her friendly and professional manner as well as her ability to communicate complex issues simply.
As a second language, Bik-ki speaks Cantonese and advises clients from Hong Kong and China which often involves examining domicile for Inheritance Tax purposes and succession of their businesses.
The Private Wealth sector for the firm is ranked as Band 2 in The Chambers and Partners High Net Worth Guide, and Bik-ki is individually ranked Band 2 for Private Wealth Law with a source describing her as 'a knowledgeable head of team who takes the time and care to explain in layman's terms the intricacies of private client work. She is always available to assist in more complex cases.' Another states that 'Bik-ki makes you feel comfortable immediately. She made us understand everything clearly and made me feel very comfortable asking questions'. The guide commented: "Bi-ki provides a great service to clients. She is always professional and very technically astute."
The Wills, Trusts and Probate team is also ranked in the Legal 500 directory, and Bik-ki is named as a leading partner and received the following testimonial in the 2023 Legal 500 awards: "Bik-ki Wong is very knowledgeable but personal. Great attention to detail and explains things concisely.
Bik-ki Wong has been recognised as one of the top influential private wealth law lawyers in Manchester 2023 by Business Today, and as one of the best probate and wills lawyers for high-net-worth individuals in the UK in 2023 by Spear's.
Aside from the above, Bik-ki is also actively involved with two of the firm’s memberships, UK200 and MSI Global. Bik-ki is a member of the Financial Planning and Wealth Management committee with UK200 as well as supporting the MSI Global special interest group representing England for the Private Clients and Estate Planning Group to share knowledge and gain insights to practice around the country as well as the rest of the world.
Client Feedback
Recent Experience
Examples of work include:
- Urgent estate planning in light of the reduction of IHT exemptions in the Budget – review client’s estate and assets to check if they qualify for business/agricultural property relief. Review gifting options and use of trusts having regard to tax. Re-arranging ownership of property and land to keep some in the estate and some in a lifetime trust. Advising and preparation of a new Will and Trust.
- Family Investment Company – working in conjunction with the corporate team to establish a new company and share issue. Advising and setting up trusts with loan agreements and advancements to assist with property purchase by children. Preparing new Wills with trusts and LPAs. Asset protection for future generations.
- Estate Planning and Deed of Variation of multiple estates of family members dying in succession to maximise IHT reliefs across the estates. Significant savings on IHT.
- Acting in a Family Office capacity for a longstanding client, assisting with a new Will, LPAs, establishing a Bare trust and setting up a bank account, liaising with the pension company and updating nominations, administering an offshore trust which has now been brought onshore. Working in conjunction with the property team with the client’s large property portfolio and business in preparation for succession planning after death.
- Preparing Wills for a farming family, partitioning the family business, and advising on agricultural property relief and succession planning.
- Preparing lasting powers of attorney for a young client with fluctuating mental capacity and liaising with the medical profession to ensure that the individual had capacity at the time of signing. The matter was more complicated as they had been flagged by the court as a vulnerable person.
- Advising a client on their duties as an executor on a self-administered estate in which the beneficiaries were making a claim for unaccounted missing funds and negotiating a settlement figure with the beneficiaries.
- Advising clients on gifting options, mitigation of inheritance tax and the impact if they should enter long-term care.
Advising clients on the administration of a family trust, which consisted of an estate being partitioned into shares and sold off, and the taxation position.
Awards & Rankings
Memberships
- STEP Accredited
- Association of Lifetime Lawyers
- Law Society – Private Client Solicitors Section
Insights & Media
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