Wealth Preservation

The aim of wealth preservation is to protect existing assets and to provide money for people who depend financially on you. Usually, of course, it'll be your family, but there are other types of protection which can pay off your business borrowings if you're self-employed or which can protect your business against the effects of death or illness of key employees.

As well as simply providing "life cover", we can arrange cover against loss of income, against redundancy, inability to work because of sickness or accident; cover against future Inheritance Tax liabilities and cover to pay your mortgage when you can't. Benefits can reduce as time passes, or stay level, or increase.

A pretty good rule of thumb to determine whether you need to consider protective insurances to ask yourself: if you were in a fatal traffic accident tomorrow, would anyone be financially disadvantaged?

Another is to ask yourself whether there'd be a problem paying your mortgage, credit cards, heating, power, Council tax and so on if you contracted a serious illness which prevented you working for whatever length of life the condition left you.

If you answered "yes" to both questions, and especially if you have a family, you should do some thinking about protective insurances.

Let's be realistic though; few can afford all the insurances they'd want in an ideal world - and that's where we can help. We can talk you through the alternatives. We can price the alternatives for you. We can help you prioritise the insurances you believe give you the "most bang for your buck", as it were. And then we can fix it for you.

You walk away with the satisfaction of knowing your family or your business is better protected than before.

Call us and arrange a no-obligation, no-charge meeting. For your family's sake, if not for yours.

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Not all Inheritance Tax planning is regulated by the Financial Services Authority.