Michelle Germain APFS

No surprises with todays Bank Of England Base Rate Hold

The week that was at Michelle Germain Wealth ( just a snippet here)

2️⃣ clients entering retirement after years of building tax efficient funds with me.

1️⃣ client selling their business. We planned this.

1️⃣ client looking to move some monies into a bond for inheritance tax planning

1️⃣ client conversation about whether or not to do equity release for inheritance tax planning

5️⃣ mortgage conversations

2️⃣ decisions in principle

1️⃣ for mortgage application provisionally accepted and survey booked in

1️⃣ analytical fund and charges analysis conversation with a client

1️⃣ client considering reducing the hours and we’re looking at options to do this with their pension plan

3️⃣ client conversations about whether their current drawdown income strategy remains relevant. They do 🙌🏽

1️⃣ difficult conversation about why they shouldn’t extract all their pension when they don’t have a retirement income strategy after it

1️⃣ client looking to extract money from their property development limited company

1️⃣ conversation about pension sharing on divorce and the split of a SIPP

Many many conversations with clients about tax efficiency

Many team conversations ( there’s no I in team 🙌🏽🙌🏽)

And that’s the wrap on the third working week of January

Enjoy your weekend of rest – I will!

💡 Additional Permitted Subscription ISAs explained If your spouse or civil partner passes away, you can inherit their ISA allowance through an Additional Permitted Subscription ISA. This lets you add the full value of their ISA to your own, on top of your regular allowance, completely tax-efficiently. Whether it’s £20,000 or £400,000, it’s a small amount of administration for a potentially big difference. Hopefully you never need it, but if you do, it can provide real peace of mind. 💚 #FinancialPlanning #ISA #InheritancePlanning #TaxPlanning #WealthManagement #RetirementPlanning #MoneyTips #FinancialFreedom #Investing #PersonalFinance #MichelleGermainWealth #Finance