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Mon - Fri 09:00-18:00 020 3463 8836
[email protected]

Protecting Inheritance

Discussing your current financial circumstances and long-term investment goals with a professional adviser could help your money work harder for you.

  • Do you know the current value of your estate?
  • Have you factored in the value of the family home?
  • Is it likely your estate will be subject to Inheritance Tax?

YES

Prudent financial planning could help minimise your liability.

  • Have you made adequate provision should you require residential care in retirement?
  • Do you know if you are eligible for financial assistance towards the cost of residential care?
  • Would you be willing to have care costs recovered from your estate, thereby reducing the inheritance you planned to leave to loved ones?

NO

Creating a financial safety net could help cover care costs.

  • Are you married or in a long-term relationship?
  • Are you concerned about the financial impact divorce could have on you and your partner?
  • In the event of a divorce, would you prefer to know your assets will be inherited by those you’ve chosen?

NO

Talk to a professional adviser to make sure you’re fully informed before investing.

  • Do you and/or your partner have children from a previous marriage?
  • Would you like to ensure your assets are distributed according to your wishes once you’re gone?
  • Are you willing to distribute funds to your identified beneficiaries prior to your death?

YES

A professional adviser could help put the necessary measures in place.

  • Are your children married or in a long-term relationship?
  • Would a divorce negatively impact your child’s financial situation?
  • Would you be uncomfortable with a son-in-law or daughter-inlaw benefiting from your estate?

YES

An adviser could protect your legacy and ensure it follows your bloodline.

Protecting Inheritance Download
Disclaimers:

The FCA do not regulate trusts and inheritance tax planning.

98% of protection insurance claims presented in 2017 were paid out upon claiming2. BOOK YOUR REVIEW UK insures pay out £9.9m every day for protection policies. BOOK YOUR REVIEW £89.35 statutory sick pay is only £89.35 per week for a period of up to 28 weeks. BOOK YOUR REVIEW £68,000 the average value of critical illness claims paid in 2016 was £68,000. BOOK YOUR REVIEW 40% Inheritance Tax (IHT) is applied on assets worth over £325,000 BOOK YOUR REVIEW 8.9 of every 1,000 opposite-sex marriages end in divorce BOOK YOUR REVIEW £33,904 is the annual cost of residential care in the UK, this can rise for more complex needs BOOK YOUR REVIEW £63,224 is the average cost of raising a child between 1 and 4 (discounting private education) BOOK YOUR REVIEW £40,000 Those who receive financial advice accrue an average of £40,000 more than their counterparts BOOK YOUR REVIEW £231,843 According to research, raising a child costs an average of £231,843 BOOK YOUR REVIEW £6,000 2017 studies show that retirement income is more than £6,000 per year higher for those who plan ahead with an adviser BOOK YOUR REVIEW 137m working days were lost due to sickness or injury in the UK during 2016 BOOK YOUR REVIEW 50% of UK citizens born after 1960 will be diagnosed with a form of cancer at some point in their lifetime according to Cancer Research UK BOOK YOUR REVIEW