Estate planning is a critical aspect of financial management, ensuring that assets are preserved and distributed according to one’s wishes after death. Among the broad option of estate planning tools available, a family trust stands out as a versatile and effective mechanism for safeguarding wealth and providing for future generations. Understanding how to utilise a family trust in estate planning is possible for individuals seeking to protect their legacy and provide for their loved ones. Here are a number of considerations for establishing a family trust for estate planning purposes:
Understanding Family Trusts
In the realm of financial planning and asset management, the term “family trust” often emerges, presenting itself as a crucial tool for safeguarding wealth and securing the interests of loved ones. But what exactly is a family trust, and why do individuals opt for this financial structure?
The 25% retirement rule you need to know!
What is the 25% retirement rule? The 25% retirement rule is an indicator of how much money you may need to save for your retirement. It is based on an assumed withdrawal rate of 4% of your savings in the first year of retirement, with all future withdrawals indexed...
Tech wealth unlocked: financial considerations engineered for tech professionals: part 5
Welcome the final part of our limited series on the unique financial landscape that is a career in information technology and the top 6 financial considerations employees in this sector need to consider. Throughout this series we have explored cashflow management, diversification, tax minimisation and employee share ownership schemes, and now we dive into the last two considerations: career volatility and tax residency.
Tech wealth unlocked: financial considerations engineered for tech professionals: part 4
In the penultimate article of our limited series on the unique financial landscape that is a career in information technology we explore one of the biggest financial considerations shared by this sector: Employee Share Ownership Schemes. If you’ve missed any of our previous articles, simply click on the relevant topic to view it: cashflow management, diversification, tax minimisation.
Tech wealth unlocked: financial considerations engineered for tech professionals: part 3
This insightful article is the third installment of our limited five-part series which explores the unique financial landscape that is a career in information technology and uncovers some wealth management strategies that will help you do more with your money.