For many people, the challenges of the pandemic have changed their mindset on lifestyle and financial planning. As well as this, the uncertainty of this time has shifted many of the foundational concepts in estate and intergenerational planning. [...]
There can be some confusion about the service that a Wealth Manager can provide and how they can benefit their client’s financial goals. As a qualified IFA, a Wealth Manager can advise on any and all aspects of [...]
What are the key financial dates to consider? With inflation rising and speculation of interest rate rises to compensate, households are likely to see a significant jump in their monthly outgoings over the coming year. For investors, the [...]
Putting your money or assets into a Trust can be a tax-efficient way of taking value out of your estate for Inheritance Tax purposes. Effectively, when you transfer anything into a Trust, it’s no longer regarded as yours [...]
The UK government offers a number of legitimate ways to reduce the amount of Inheritance Tax (IHT) you pay. For example, through effective planning, you could make sure that you give friends or family gifts of assets or [...]
When you die and leave money or possessions to your loved ones, Inheritance Tax (IHT) may be due on what you leave in your estate. But the tax owed will depend on everything from the overall amount you [...]
What is Inheritance Tax? Inheritance Tax (IHT) is the tax that’s applied by HMRC on the estate of someone who has died and doesn’t leave all assets to their spouse. This covers all their property, personal possessions and [...]
Pensions are one of those subjects that many people tend to put off until they get close to pensionable age, when all of a sudden, they become very important. When you have money in your bank account, it’s [...]
Everybody wants to give their children the best start in life – and for many families, that involves paying for the best education available. But without the necessary planning, school fees can be a big drain on your [...]
Starting a family is exciting, but it will also mean big changes to your lifestyle and your finances. It’s natural that this will result in a lot of questions around family finance planning, or how to manage work [...]
Coping with the financial implications of life-changing events If the last 12 months has taught us anything, it’s that you never know when a major event is going to come along and turn your life upside down. It [...]
Forward-planning to protect your inheritance Over the last few weeks, at Grosvenor Wealth Management, we have been running a series of webinars in partnership with Sherrards Solicitors to offer insights into the plans you need to make to [...]
