Expert long-term care financial planning
With longer life expectancy comes the greater likelihood of requiring care in old age, either at home or in a care home. Whether you’re considering your own potential needs or making arrangements on someone else’s behalf, it’s vital to get independent long-term care planning advice from qualified experts.
Our wealth planning team includes chartered and certified financial planners, fellows of the Personal Finance Society (the highest qualification awarded by the Chartered Insurance Institute) and advisers accredited by the Society of Later Life Advisers (SOLLA).
Certain members of the team hold an award in long-term care insurance – a formal regulatory examination required for an adviser to provide advice on long-term care planning. Our personal wealth planners are also truly independent, meaning they are not tied to any specific provider (not even us), so you can be confident they will always act in your best interests.
Specialist long-term care planning service
Your dedicated personal wealth planner will work closely with you and your other trusted advisers, such as your solicitor and/or accountant, to create a plan designed to maximise your income for care home fees, while maintaining your capital tax-efficiently for inheritance purposes and to see you comfortably through the rest of your life.
This will include:
- Lifetime cash flow modelling – looking at your current wealth along with your income and trying out different scenarios to see how they might work to pay for long-term care
- Detailed wealth plan - comparing this cash flow projection with your current situation, to develop a clear strategy to help pay for your later life care and look after your financial future
- Tax-driven investments - showing you how much income you could receive from investing your money, minimising your tax liabilities, and allowing for inheritance tax (IHT) issues that might affect your family
- Seamless personal service – managing the entire process for you, including liaising with the product providers, sorting out all the paperwork and keeping you updated on our progress. We can also offer probate services to help with estate administration.
Other wealth planning solutions
Comprehensive wealth planning
A full review of your finances, leading to a personal wealth management plan.
Inheritance tax services
Expert advice on how to mitigate IHT and effectively transfer wealth to the next generation.
Bespoke planning, pension advice and cash flow modelling to achieve the retirement you want.
More on long-term care planning
Following the UK’s most recent Budget, we revisit our Post-COVID-19 Wealth Planning Guide on tax to look at just how the changes announced could affect you, as well as the potential for more changes to come.Read more
After a dramatic rebound from the lows of March 2020, equity markets have hit a series of record highs in 2021 with many speculating that markets are in bubble territory and that we could see a pullback soon. Our expert Deputy Chief Investment Officer, Richard Champion explains why we don’t believe we’re quite there yet.Read more
Head of UK Financial Planning, David Goodfellow outlines what you should be doing now to make sure that you are well prepared for the new tax year starting 6 April 2021.Read more
Some of our wealth planning experts
If you would like to know how our independent wealth planners can help, please get in touch. We will be delighted to provide more details of our services.
IMPORTANT: Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance.