Planning Ahead

It is no secret that the more successful you become, the less of your wealth you will spend or use. The joy is to use it initially to provide a safety-net for your own lifestyle and that of your spouse, civil partner or co-habitee and then to put plans in place to provide for the next generation. Planned well, the creation of a sensible structure to hand-on your wealth can save you and your next-of-kin a fortune, and can ensure that the future incapacity or death of you or your partner will not cause additional financial issues. Planned badly, you can leave a trail of fiscal and emotional stress that may not be resolved for generations.