SEEKING PROFESSIONAL ADVICE ON INVESTMENTS…. PENSIONS…. LIFE INSURANCE…… LONG TERM CARE…….. MORTGAGES?
Then look no further. We can put you in touch with LOCAL SPECIALIST INDEPENDENT FINANCIAL ADVISERS and act in a complimentary and effective way that looks after your best interests.
FINANCIAL PLANNING CHECKLIST
These are just a few of the questions we would ask in a review of your tax and financial planning. If any of them lead you to think that a fresh look at your affairs would be valuable, please contact us.
| INVESTMENTS | |
| Have you reviewed the way you hold your investments so that you minimise the tax on the income and gains by: | |
| 1 Investing in individual savings accounts (ISAs)? | YES/NO |
| 2 Using your capital gains exemptions to realise tax-free gains each year? | YES/NO |
| 3 Sharing investments with your spouse/civil partner? | YES/NO |
| PENSION ARRANGEMENTS |
|
| Have you reviewed your pension arrangements in the light of the tax rules that took effect on 6th April 2006? | YES/NO |
| 1 Are you on track for an adequate income in retirement? | YES/NO |
| 2 Have you checked whether your benefits exceed the lifetime allowance and what action you should take? | YES/NO |
| ESTATE PLANNING | |
| Is your estate planning up to date? | YES/NO |
| 1 Have you made your will and if so does it reflect your current wishes? | YES/NO |
| 2 Have you and your spouse/civil partner arranged to use your inheritance tax nil rate band so that you both pass down a tax-free amount to your beneficiaries? | YES/NO |
| 3 Have you thought about inheritance tax planning in view of the growth in the value of your property and other assets? | YES/NO |
| 4 Do you make use of your annual exemptions? | YES/NO |
| BUSINESS | |
| Have you considered the ownership and organisation of your business? | YES/NO |
| 1 Is the type of structure in which you conduct your business – company, partnership, LLP, sole trader – still the most appropriate? | YES/NO |
| 2 Are you drawing the right mix of salary, dividends and tax-free benefits from your business? | YES/NO |
| 3 Are you aware of the VAT schemes that could save your business hassle and VAT? | YES/NO |
| 4 Have you reviewed your company car policy recently to identify the most tax-efficient approach to the ownership of cars? | YES/NO |
If you have answered no to any of the above questions, we would strongly recommend that you seek advice from an independent financial adviser. We can arrange for you to have a free, no obligation chat with our own specialist independent financial adviser. If you would like a meeting, then please simply telephone us on 01536 276300 and we can put you in touch with somebody who can help you and look after your best interests.
SERVICES OFFERED
- Advice on tax efficient investment of lump sums (including trust funds)
- Advice to the elderly on retirement finances and long term care
- Advice to divorcing couples on joint investments, pension sharing and protecting maintenance payments
- Advice to house buyers on security the best mortgage deals
- Advice to business owners on pensions and business protection
WHAT ARE THE BENEFITS OF FINANCIAL ADVICE FROM SOLICITORS AND IFA’S?
- Solicitors are renowned for their trustworthiness and integrity
- Solicitors provide complimentary advice on tax, wills and estate planning
- Solicitors offer the option of remuneration by fees or commission
- Solicitors must always put their client’s interests before their own
- Solicitors are subject to both Law Society and Financial Services Authority rules
