Total inter-generational wealth between family members from 2012 to 2014 increased from £49bn to £59bn.
As wealth has increased, property prices have risen and net financial household wealth has increased by 172% between 1995 and 2015 from £1.6 trillion to £4.3 trillion (source: ONS).
With this increase in asset value, estate planning is becoming more complex for an increasing number of households and families.
As household wealth increases the number of people able to get onto the housing ladder is decreasing.
Passing on inheritance and gifts is now a vital financial lifeline for successive generations.
As your wealth passes between family members, using an Estate Planning service is a way to insure you safely keep your wealth as it moves between family members and that it is not frittered away or even snatched by paying unnecessary tax or fees.
The service we offer can help solidify your relationship with us long into the future for you and other family members and friends. Hence; Lifetime Trustees Ltd. Give us a call on 079 888 30691 or visit www.lifetimetrustees.com.