Money Matters

by Denise Crispin-Bailey from Richardson’s Wills. As we head into the new year, it is a traditional time to get our affairs in order and make New Year’s resolutions. We know times are hard and everything is costing more than it has before, which is why we are keeping our…

Craig Howard, PenLife Chartered Financial Planner, explains why you may wish to take advice. With Inheritance Tax (IHT) bands frozen until 2028, and many assets appreciating in value, your family could be set to pay a large bill in the future. Families who previously believed they may not need to…

by Pen Life Associates Traditionally, wealth has passed from one generation to the next upon death. Intergenerational wealth, however, looks at how families can use their wealth more collaboratively to support each other during their lifetimes. The importance of intergenerational wealth planning cannot be overstated. At PenLife, we understand the…

by Richardson’s Wills Nobody likes to think about a loved one dying and so these conversations around death are hard to initiate. For those who do manage to have the conversation it is often uncomfortable. Sadly, it is inevitable that we will all experience a loss at some point during…

by Keith Baldwin, FamilyWillsYork In April 2016, aged 53, I was diagnosed with bladder cancer and referred to Jimmy’s. I was told the cancer would grow faster than radiation or chemo treatments could act, so I needed to have my bladder removed. Just 4 months later, I was the 5th…

by Denise Crispin-Bailey, Richardson’s Wills I was browsing through a newspaper last week and stumbled across a problem page. The person who had written in wanted to challenge their stepmother’s Will. The problem is an all too common one. Her father had gone on to remarry after her mother’s death.…

Written by James Wadsworth, Chartered Financial Planner, PenLife Associates If one of your top priorities as a parent or grandparent is to provide opportunities for the next generation, you are not alone.A March 2023 Royal London survey of Financial Planners revealed that 55% said their clients are more worried about…

By Louis Maddison, Chartered Financial Planner at PenLife Associates Imagine having the ability to predict market movements so you could buy low and sell high? But the markets are unpredictable — prices of stocks and shares change every second. Throughout history, certain funds have done astonishingly well, and others have…

by Richardson’s Wills A dangerous assumption. For some people this is actually correct, but are you sure it’s true for you? If you die without a will the “rules of intestacy” will apply and your estate will be distributed to surviving relatives by a strict hierarchy. Visit https://www.gov.uk/inherits-someone-dies-without-will If you…

by Richardson’s Wills A Trust is a legal arrangement that can form part of a person’s Will and come into effect upon death, granting the named Trustees in a Will control of assets, such as funds and property, on behalf of the beneficiaries. Various types of Trusts can be written…