Estate Planning

The Challenges

Terry (71 years old) & Cathy (72 years old) were really concerned about what would happen to their money should something happen to one of them. Terry especially wanted to know that Cathy would have enough money immediately available to her, should something happen to him prematurely. Cathy and Terry felt they were in a mess! They had a whole host of Investment and Savings plans dotted around all over the place, they did not really know what they had, who it was with, and what it was doing or was meant to do for them.

Both Cathy and Terry felt that they did not like investment risk and wanted to know that their monies were invested in a Cautious manner as they were just looking to preserve their capital. 

The Results

Terry was very pleased with the planning process we took them through, he took great peace of mind out of knowing that financial life would be very easy for the one who was left.

Terry & Cathy now feel they understand what they have, where it is and how it is invested. Both of them took great satisfaction in knowing that their money was invested in a Cautious manner. 

This is what we did

We took time to understand why they had taken out these various things, to understand what Terry meant by “enough money” and
to understand what their plans were with the rest of their lives. We communicated with over 20 different companies to find all the existing plans that they had, understand what each of them did and what they would do in the future. We then tidied up the plans to ensure that should something happen to one of them, the survivor would be able to get hold of their money without having to wait. We put a Cautious Investment Strategy in place with the aim being Capital Preservation. Both Cathy and Terry felt that they did not like investment risk and wanted to know that their monies were invested in a Cautious manner as they were just looking to preserve their Capital.