A Meaningful Financial Plan Includes a Meaningful Estate Plan
No financial plan is complete without first considering your estate. All too often people neglect to consider how their resource will be treated upon their death. There are often traps and pitfalls that aren't always obvious. A sound financial plan looks beyond the grave ensuring your resource is managed in a meaningful way or at the very least, does not cause unnecessary distress for those you leave behind.
It’s After Tax Returns That Count
With recent surges in inflation, investors need to remember that it is the real return after inflation that truly counts. Unless this is well understood, then investors may find themselves in a worse position after they have paid their dues to the tax man. Careful tax planning and consideration of how different types of investments can work to offset this risk will go a long way as prices rise.