No matter what your net worth, to ensure your family and financial goals are met after you die, it is essential that you have an Estate Plan in place.
Planning and Consolidation
Retirement is starting to come into view. You may be in your peak earning years, with the kids becoming independent and a clearer sense of what you want next. Or a redundancy, business sale or inheritance has brought those questions forward.
When do we want to retire? Can we help the kids buy a home? What do we do with an inheritance? Which insurances do we still need? How do we reduce our tax? This is often when connections matter most. Helping your children into property can affect your own retirement savings. Stepping away from a business involves tax, legal and succession advice all at once. Connected Advice brings these decisions together, so your financial advisor, accountant and lawyer are working from the same page.
Below is an example of how Connected Advice might work for someone at this stage. The questions at the centre are the kinds we often hear at this point in life. Each one connects to the areas of advice it involves, and to the specialists around the outside who may need to be part of the conversation.
Your own Planning and Consolidation plan will look different, because it starts with your questions. Let’s map it out together at your Annual Forward Planning Session.
