Preparing your finances for the New Year

I know what you’re saying; “We have barely got through Christmas and now your talking about the New Year”!  If you are like me, it only felt like a few weeks ago that we were ringing in 2017 and now it is nearly done.  In all seriousness, managing your finances should be a year round responsibility however the New Year is the perfect time to review, evaluate and reset.  In this edition of Wealth Matters, we have put together some tips to get you ready to go once the Christmas festivities are over.

The New Year is also a good time to look at other aspects of one’s financial position, including how they wish for their estate to be distributed.  Whilst it is not the cheeriest of topics, it is nonetheless a critical component of the wealth plan for the broader family and sadly, an area that is often not appropriately planned for.  Laying out the framework of the key persons you wish to manage your estate is vital and we have addressed the role these parties take to assist you in your planning process.

Finally, a reminder of our monthly eBook offer which you can download from our website.  We also produce a weekly blog every Tuesday on subjects which are often prompted from learnings and experiences that we encounter with other clients.  Make this a diary note to check these out and even better, share with your friends and family – we would love to help them as well.