Raising a family is a marathon effort, as costly as it is rewarding. But financial planning for your family is easier than it sounds, because you know what the key milestones will be. Here’s how to plan effectively [...]
Financial planning transcends generational gaps and can have a huge impact on all members of a family unit. By looking at the bigger picture of your family’s finances, you can achieve far longer- lasting outcomes than by focusing [...]
Educating your children is expensive – even at a state school. There are uniforms to buy, lunches to pay for, school trips and much more. If you send your child to an independent school then you’ll have school [...]
When we talk about the Bank of Mum and Dad, we are effectively talking about handing money over to your children. There are many reasons why your descendants might look to you for financial support, and many routes [...]
At Grosvenor Wealth Management, we’re starting off 2023 on a high by growing our financial adviser team and expanding our level of expertise to help support our clients needs. We are very pleased to welcome on board our [...]
Millions of Britons say they want to plan to pass on wealth to their children and grandchildren in a Will – but fewer than half have written one, according to new research by LV. Failing to plan to [...]
Discussing family finances is often seen as a taboo subject. But such discussions are important to have in order to sort out any financial issues, to outline personal wishes and to effectively plan for estate management if a [...]
For many people their pension will form one of the biggest personal assets they own. It’s therefore important to consider how your pension can be securely passed on to your loved ones when you die. Unlike your other [...]
Intergenerational planning is a way for families to use their collective wealth to support one another during their lifetimes. Traditionally, wealth has passed from one generation to the next upon death. Intergenerational planning takes a different approach and [...]
