Client background
- Brother and sister concerned about their elderly parents – both approaching their 90s.
- Worries centred around future care needs and potential inheritance tax implications.
- Previously received financial advice and were recommended to Barry by their financial advisors.
Client concerns and needs
- Ensuring parents’ assets were protected for potential future care requirements.
- Updating wills to reflect current circumstances and address inheritance tax concerns.
- Seeking professional advice to understand and navigate the complexities of estate planning.
Services provided
Arranging an initial chat to discuss their concerns and needs, Barry Halliday was able to address the concerns of the siblings regarding their elderly parents’ future and provide tailored estate planning services to ensure peace of mind.
“When we first met Barry, he quickly gained an understanding of our situation and needs and was able to explain clearly the solutions available to safeguard our parent’s wealth and assets.
Creating new personal wills for both parents, and establishing a trust to protect their estate – we now have everything in place to support our parents as they get older, with complete peace of mind knowing their assets are protected.”
Results
“We feel confident our parents’ affairs are now well-organised and reassured that we have taken proactive steps to mitigate any future care costs. Barry is incredibly professional, friendly and honest and we would recommend him highly.”