This life-changing event is often the catalyst for new intergenerational conversations, ranging from trusts and gifting, to ISAs, to planning for private school and university fees.
Windfalls are rarely expected - or planned for - but have the potential to open new doors for current and future generations. New needs that follow typically include lump sum investing, gifting and estate planning, to reduce potential IHT liabilities.
The separation of families – and finances - is increasingly common, bringing with it new financial needs, including: pension sharing (and potentially ‘rebuilding’), wills and CGT and IHT replanning.
Solutions for a range of family wealth planning needs.