No one wants to think about what might happen when they’re no longer around. But making a Will and discussing it with your family can clarify your plans and help family members prepare for the future, particularly younger generations.
Do you have a Will?
If you don’t have a Will (or need to update it) you can choose to write your own Will, or get help from a Will Writing service or a Solicitor. There are many reasons to ask for advice when writing your Will, such as:
*Please note Wren Sterling does not offer Will Writing advice but we have professional partners that offer this service
If you’d like to discuss your will, and the provisions you’ve made for your family and friends, get in touch with one of our advisers.
Do you have a Will? Have there been any big life events since you wrote your Will – like the birth of a grandchild?
Do you have any concerns about what will happen after your death?
Does your Will include what should happen if you are no longer able to look after your estate? What should happen if you survive/are survived by your spouse?
We take a look at the finances of three fictional heroes from the UK and discuss how financial planning could help them. While we had a lot of fun writing this article, it highlights several specialist areas of financial advice, and how versatile an adviser’s toolbox can be.
How much you will need for retirement depends on you. But if you’re wondering how much to save in your pension, or whether you can afford the kind of retirement you’d like, you can calculate what roughly you’ll need to save today for a comfortable retirement tomorrow.
Trusts are commonly used for estate planning, minimising tax payments. Find out more about what they are, how they work and why they’re a helpful tool in an adviser’s toolbox.