Planning | 11 August 2022
THE GOLDEN RULES TO RETIREMENT PLANNING: WHERE THERE’S A WILL THERE’S A WAY
In the first of a new series of articles, we look at the best way to protect your and your family’s future. From wills to inheritance tax to incapacity planning, there’s a lot to consider.
The day before you retire, five years after you retire and 20 years after you retire all look very, very different. Your will should reflect your changing circumstances over time.
You want to make sure you can use all the reliefs you’re entitled to, as well as understanding how they could change over time depending on what your asset base looks like.
You should consider a structure that protects your intended beneficiaries, whether that’s your partner, children or grandchildren. It’s also worth remembering that your will becomes a public document on your death, but there are ways to keep the detail private.