By Raj and Fiona Shah of Blue Wealth Capital.
In our last article we asked whether this is the most important question: “Do you know more or less what would happen to your family financially if you didn’t wake up tomorrow?” and we suggested that you revisited your life insurance plan. Or made one if you don’t have one.
Regular readers of our column will know that a successful investment strategy is always driven by a well thought out plan, not simply speculation. And one of the most important parts of any financial plan is a comprehensive, bespoke estate plan. A good estate plan consists of much more than a will and lasting powers of attorney.
Good estate planning is designed to transfer the greatest amount of financial assets with the smallest tax liability possible to your intended beneficiaries and is one of the fundamental components of a true and effective financial plan and ongoing strategy.
Comprehensive and thorough estate planning, when explored fully and tailored to your individual situation extends even further. It provides invaluable protection for your hard-earned wealth against potential threats from erosion by taxation, inflation, long-term care assessment, inheritance tax, co-habitation and re-marriage.
Not new to us
Together, we have over fifty years financial and legal experience therefore this area of planning is not new to us. In fact, we have been providing this service to our clients via our sister company for some time now.
The events of the last few years and many conversations with our friends and clients have made us realise that everyone should be able to benefit from having a complete and comprehensive estate plan, which is vital for the preservation and protection of your hard -earned wealth. We are therefore proud to be launching comprehensive estate planning as a stand-alone service in 2022.
What is it?
Our new service is an insightful and informative process designed to support and guide you as you consider crucial estate planning questions and prepare to pass on your financial legacy.
How does it benefit me?
Once you have completed a short questionnaire, you will be provided with a complementary estate planning report detailing the steps you can take towards a more whole and impermeable estate plan. This will help to protect not only your financial wealth but also your intended beneficiaries.
Why now?
The pandemic has, for many of us, brought the adequacy of our financial planning strategies sharply into focus. Now more than ever, individuals and families across the UK are identifying a very real need to assess their financial situation and take clear and decisive steps towards securing their wealth for themselves and the generations that follow.
We guarantee that this will be one of the simplest investments you will ever make and one which your future self will thank you for.
We welcome you to sit down with a high quality financial and estate planner early in the New Year. Amid all the time and energy that we spend on our investment portfolios it shouldn’t be difficult to do this.
Raj Shah is founder of Blue Wealth Capital and has been shortlisted for Financial Planner of the Year and Investment Adviser of the Year. Raj can be reached at: raj@bluewealthcapital.com
Fiona Shah is operations director at Blue Wealth Capital. Fiona can be reached at: office@bluewealthcapital.com
www.bluewealthcapital.com
