Throughout a client’s life, their financial objectives will change and during later years their objectives may well turn to planning as to what will happen to their assets in the event of their death or should they need residential care.
Once we understand the concerns and objectives someone has, steps can be taken to try and achieve those aims. Whether that be simply taking over the management of their existing investments, ensuring inheritance tax is minimised as far as is possible to ensure their beneficiaries receive more of the legacy or ensuring that their life in care is financially trouble free.
Typically, we will also encourage the involvement of the next generation – giving them the peace of mind and security that their parent’s finances are being taken care of.