Thinking of Downsizing?
It is not usual for our clients to downsize in their later years. This may be for practical and health reasons. It may be for financial reasons. (If the latter, it may be worth considering Equity Release as an alternative to a move.)
Downsizing is likely to free up cash. Typically, this will be a time to consider how that should be invested. The priority may be to have funds to top up pension income. There may be a worry about meeting possible care costs in the future. The aim may to pass wealth on to family and the potential Inheritance Tax bill may be a concern.
We find that, as solicitors, we are able to help with:
The sale (and purchase) of property
Making Lasting Powers of Attorney
Advice on tax planning
At the same time, our financial advisers can help to make the best use of cash and investment products to meet individual requirements:
To meet care costs
To reduce or eliminate any Inheritance Tax exposure
Why not talk to us about what is right for you? Give us a call!:
SWLaw Solicitors Limited 01752 205202
SWLaw Investment & Financial Planning Ltd 01752 205205