Protection-  The rising cost of dying!

At Abacus we believe that protecting your life, income, business or health are the cornerstones of sound financial planning.

Many people think "it'll never happen to me". However, as Benjamin Franklin once said "the only certainties in life are Death & Taxes". 

With so many companies providing life assurance and income protection plans it is almost impossible for anyone without expertise to trawl through all the small print and historical information to be sure that they are buying the right amount of cover at the right price.

Of course, it's not only on death that financial hardship can happen to your family and dependents. The diagnosis of a critical illness can have a major impact on the quality of life you and your loved ones enjoy.

By making proper arrangements. it is possible to enjoy peace of mind that in the event of you suffering a critical illness that the least worry you have will be how your finances will be affected.

 

What about Inheritance Tax?

More and more people have an estate approaching the Nil Rate Band for Inheritance tax purposes. It makes sense to discuss how best to mitigate this tax and perhaps entirely remove this concern from your beneficiaries, after all they will have enough to contend with at the time of your death without worrying about HMRC demands for tax.

 

 

Abacus are authorised and regulated by the Financial Conduct Authority. Our registration number is 232121.