Having an estate plan can provide peace of mind, ensure your assets are passed on to the right people, your wishes are carried out and loved ones are protected after you die. However, failing to have a plan in place can lead to some costly mistakes and repercussions for beneficiaries. Whether it’s an oversight […]
Estate Planning mistakes that can cost you dearly! Read More »
For most people, having a family requires some financial adjustments to cover the costs of childcare, education, and essentials. Not to mention all the day-to-day expenses that crop up. However, one expense is for certain … from the time your child is born you know when they’ll start school, when they’ll go to secondary school
How are you Saving for your Child’s Future Read More »
To what degree do you expect the business to form part of your assets? How do you view your business in the context of your overall financial goals? You might find that relying on your business to fund your retirement restricts your options for the future… Building and maintaining a new business
Personal Financial Planning for Business Owners Read More »
The basic goal of estate and gift tax planning is to ensure that as much of your assets and property, whether they are gifted during your lifetime or bequeathed in your Will, are transferred with as little taxation consequences as possible. With careful estate and tax planning, it is possible to minimize or even
Do you live with your partner? Not planning to “tie the knot” any time soon? Have you thought about what might happen to your partner if anything happens to you ? Well listen up… unfortunately when it comes to estate planning for co-habiting couples you don’t have the same legal rights & protections of
Estate Planning for Co-habiting Couples Read More »
Personal Financial Planning is not always a priority for business owners, company directors and those in senior positions. Increasingly busy schedules and demanding responsibilities often mean retirement planning is put on the back burner. You’re losing out on significant tax relief on retirement savings and investment opportunities by not prioritising your retirement. Your pension should
Changes to the Finance Act 2022 that could greatly benefit your Retirement Plan Read More »
Anyone who owns property or other assets should make a Will. Having an up-to-date Will means your assets will be distributed according to your wishes. More importantly, your family is spared a complicated and drawn-out administration of your estate as set out by the Succession Act 1965. Dying intestate (without making a Will) means your personal
Inheritance Tax Planning Read More »
When our parents started working it was normal to stay with the same company until you retired. Nowadays it is rare for someone to stay with the same employer for 20 or 30 years. Most of us will have 5 or 6 jobs before we retire, we may even change career 2 or 3 times
Do you have a pension with a previous employer? Read More »
Everything is getting more and more expensive – food, energy, even second-hand cars… These elevated inflation rates are due to a culmination of factors including supply chain disruption and labour shortages due to Covid 19, the impact of the war in Ukraine, and increases in energy costs. Now, more than ever it’s important to
How can you make your money go further… Read More »
When it comes to protecting yourself and your family the most important thing is to get the facts and take the mystery out of your financial protection once and for all. Most people are surprised at how financially exposed they are and the right life insurance policy at the right price can be critical at
The Top 5 Myths of Life Insurance (and how not to get caught up in the hype…) Read More »