1 Oct 2019 – Winchester Meeting – Tax, Care and Toy Boys!

A light-hearted talk on financial planning by Co-op Estate Planning

Co-op Estate Planning says:

We work in local communities around England and Wales to raise awareness of some important issues that affect families every day. Whilst our message is serious, our delivery is informal and delivered in plain English – your members can be assured of half an hour (up to 1 hour if required) of thought provoking content, including a Q and A at the end. We are able to help to provide peace of mind.

  1. Protecting your family’s nest egg – For many people, one of the biggest worries as they grow old is being able to give their family a helping hand and make sure that when they die, what they have worked all their life for goes to the people they love the most. Sadly, as you grow old, you have to pay for many things that you have once done yourself. And these things, such as help at home, getting around and care fees, can soon make a big difference to that nest egg. We can give practical help and advice on how to protect as much of your wealth as possible for future generations.
  2. Inheritance tax – There may be ways of putting a protective arm around your wealth which help to reduce the burden of Inheritance Tax for future generations. We can help to make sure that you make the most of tax allowances and tax planning opportunities.
  3. Stop ‘sideways disinheritance’ – Re-marriage of a surviving spouse after the first death of a couple can result in the new husband/wife inheriting everything, whilst the children from the first marriage get nothing. Our advice can help protect the family home and savings for future generations and go to the children and grandchildren.
  4. Lasting Powers of Attorney – As we continue to live longer, a large number of us will suffer from dementia and lose the capacity to look after ourselves. No one wants to think about what will happen if they become unable to make decisions themselves through illness, an accident or old age. However doing so now and having LPAs in place will remove the burden from your family and help reduce the stress and cost to your family at a very difficult time.

A Will is not enough – 70% of the UK adult population doesn’t have a Will. The 30% that do have a Will often think they have done all they can to plan for the future. By its very nature, a Will only takes effect on death – so anything you put in your Will can’t help protect your assets during your lifetime. Our speakers are trained by us to introduce the above issues and explain what steps can be taken to protect against them.

Date: Tuesday 1 Oct 2019
Time: 19:30-21:00
Venue: Christ Church, Winchester, SO23 9SR
Cost: £1 donation

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