Shaping your financial future
Financial advice to clients in later life generally involves achieving a balance between two objectives:
- Financial Security for the rest of life – including ensuring (as far as possible) their ability to fund an appropriate lifestyle, particularly if their health deteriorates and care provision is required; and
- Maximising the value of the estate and ensuring it is passed on to their chosen heirs – rather than dissipated by disputes, taxation and avoidable claims by third parties (including the State).
It is often thought that these two objectives are mutually exclusive, or that one has to be prioritised at the expense of the other. This is not the case. Specialist knowledge, experience and careful planning can help you achieve both – or at least an appropriate and acceptable balance between the two.
This area often requires a particularly sensitive approach to ensure that the needs and rights of elderly individuals who may not have full capacity are fully understood by all parties and respected. We will always explain your options in plain English and we pride ourselves on the sensitive and personal approach that we bring to later-life wealth management.
Where appropriate we also have a wide range of connections with skilled specialists who can provide vital support – for instance, in ensuring that all available state benefits and, where eligibility exists, state financial assistance for care costs is claimed.
For further information, or to arrange a no obligation appointment, contact us today by telephone on 01626 242500 or email enquiries@wbwcfp.co.uk.
WBW Chartered Financial Planners is a trading style of Centurion Wealth Management which is authorised and regulated by the Financial Conduct Authority (FCA). Registered in England and Wales Number 7001057. Registered Office: Channel Court, 8 Hill Road, Clevedon, Bristol, BS21 7NE. Registered in England and Wales.