Archives for Guides

What should I do with my inheritance?

Receiving money, property or valuable items by way of inheritance may not be a desirable way to acquire wealth but it can be life changing. What should you do with your inheritance? The answer to this question is easy but you may need advice to determine ‘how’ you achieve it. The answer to what you should do, is actually another question: What do you want to do with your inheritance? Do you want to keep it safe for future generations? Do you want to use it to supplement your income? Do you want it to replace your income? When you
Read More

Categories: Financial Planning and Guides.

Mortgages for Self Employed

Entering into a mortgage as a self employed / sole trader can be an uncertain time. Can I get a mortgage if I’m self employed? Is it harder to get a mortgage? Can I borrow as much if I don’t earn the same every month? These are some of the burning questions you may have if you are self employed and need a mortgage to buy your first home or if you have recently become self employed and are not sure how it will affect your existing borrowing. Thankfully, we have the answers and we are here to help you. Let’s
Read More

Categories: Guides and Mortgages.

Reducing a Potential Inheritance Tax Bill

Legitimate ways in which the 40% tax can be avoided. With careful planning and professional financial advice, it is possible to take preventative action to either reduce your beneficiaries’ potential Inheritance Tax bill or mitigate it out altogether. 1. Make a will A vital element of effective estate planning is to make a will – unfortunately, a significant number of adults with children under 18 fail to do so. This is mainly due to apathy, but also a result of the fact that many of us are uncomfortable talking about issues surrounding our death. Making a will ensures your assets
Read More

Categories: Financial Planning and Guides.