Fail To Plan. Plan To Fail

Fail To Plan. Plan To Fail.

With the increase in asset value, estate planning has become more complex for an increasing number of households and families.

Property prices have risen and net financial household wealth increased by 172% between 1995 and 2015 from £1.6 trillion to £4.3 trillion (source: ONS).

With this increase in household wealth the number of people able to get onto the housing ladder is decreasing.  For many, passing on inheritance and gifts is a very important life line for the next generation.

Total inter-generational wealth between family members from 2012 to 2014 increased from £49bn to £59bn.

Broker House can advise you on how to protect that wealth for you and your family.

Here are some examples: (a) A Life Interest Trust, which preserves the testator’s assets and provides for a spouse, partner or other person; (b) A Life Interest Trust gives a Life Tenant an interest in the property for life.

On the death of the Life Tenant the assets passes to the named beneficiary(ies).



Here are some statistics to consider:

  • Currently there are 61 million adults living in the UK, 29 million of adults (53% of the population) do not have a Will in place.
  • 57% of those adults are parents who do not have a Will in place and a further 31% have no named guardians.
  • Less than 1% of the UK’s population have a registered Lasting Power of Attorney
  • In 2018 it is estimated that the government will receive nearly £6bn from inheritance tax.

Let Broker House assist you and put a plan in place so you don’t fail to provide for your loved ones.

Call 0800 2300 775 or Email to find out more.



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