One Four Nine Wealth Magazine – July/August – Issue 12
Welcome to the One Four Nine Wealth bi-monthly magazine
It’s difficult to think about what would happen to your family if an illness affected how you financially support them. Financial protection is essential to creating a secure future for your loved ones, but understanding what cover you may need can be confusing. In this issue, we discuss the financial implications if you or someone in your family were unable to earn money, became ill or were to die prematurely. It’s not something we like to think about, but if you have left regular employment and are now either retired or have become self-employed, then any previous protection you received from an employer becomes your responsibility.
We also look at ways to potentially reduce a Capital Gains Tax (CGT) liability, from using your annual exemption to saving in an Individual Savings Account (ISA). Cuts to the CGT exemption mean that arranging your investments as tax-efficiently as possible is more important than ever.
Trusts are a powerful tool for estate planning, providing flexibility and control over asset distribution. Our article details that if properly structured, trusts can address various scenarios and requirements, ensuring that your legacy is managed according to your wishes long into the future.
Read issue 12, July/August, here.
The next issue will be September/October 2024.
For more detailed information on any of the topics and themes covered in any issue please do reach out to your local investment, financial advisory or planning team here.
One Four Nine Group
