Inheritance Tax Planning – Should it be your New Year’s Resolution?
Chartered Financial Planner Alex Pickles explores the basics of mitigating Inheritance Tax. Many people find the idea of discussing Inheritance Tax (IHT) uncomfortable, either due to the complexity of the rules or simply the fact that considering what will happen to your money when you’re gone isn’t the cheeriest of topics. Regrettably, this leads many […]
Long Term Care – How Can You Plan Ahead?
Financial Planner Carl Reitel explains how long-term care funding works in the UK and whether you would be eligible. Long-term care is becoming more of an issue, particularly as we are all living longer. At age 65, men in England can except to live another 8.9 years in good health; women can expect to for […]
Pension Death Benefits – What Can You Pass On?
Financial Planner Roy Ritchie outlines the different types of pension and how their death benefits work. “In this world nothing can be said to be certain except death and taxes.” Benjamin Franklin Over two hundred years later not much has changed. Neither death nor taxes (particularly death) is nice to contemplate, but both must be […]
Equity Release and the Next Generation
Financial Planner Gary McKenzie explains how Equity Release can play a role in legacy planning. I recently overheard my daughter, Libby, telling her friend that she did not have to worry about getting a job, as when she gets older her dad will give her money to buy a house. I was quick to remind […]
Legacy Planning – It’s Not All About Investments!
Financial Planner Chris Taylor explains how life insurance can allow you to provide a legacy for your family. “No legacy is so rich as honesty.” William Shakespeare You could be forgiven for thinking that your worldly assets (or your ‘estate’) will be enough to provide a legacy for your loved ones, but with average UK […]
Lasting Powers of Attorney – Make Your Wishes Known
Financial Planner Will Hodgson expands on his previous Estate Planning article by discussing Lasting Powers of Attorney. Many people assume that their partner, spouse or even children would be able to step in and manage their affairs should they lose capacity. Sadly, this is not the case; instead, an application to the Court of Protection […]
A Little Trust Can Go a Long Way
Financial Planner Alex Smith introduces the topic of Trust Planning. The challenges that the pandemic brings to society are vast. They have rocked our economy to the core and challenged us to find new ways of working, ways of living and for many, simply ways of just existing. It might seem a little detached to […]
Wills and Trusts – How to Secure Your Family’s Future, Today
Financial Planner Will Hodgson explains the importance of Estate Planning for your future generations. Thinking about your own mortality isn’t necessarily a pleasant exercise, but planning ahead with Wills and trusts could give you the peace of mind of knowing that your loved ones will be looked after when you’re gone.