certified financial planner
inancial clutter is one of the most common issues we come across when taking on a new client. A client may have several retirement annuities, a handful of unit trust accounts, multiple risk policies, and perhaps a living annuity. Individually,
The idea that ‘to those whom much has been given, much is expected’ speaks directly to stewardship in the realm of philanthropy. Those who find themselves with an abundance of resources carry a responsibility to consider the needs of others.
Living annuities are highly effective succession planning tools because you are free to nominate any beneficiaries you wish. On death, the proceeds are paid directly to those beneficiaries, usually within a short time, once the administrator has been notified and
Few areas demonstrate the price of indecision more clearly than debt. High-interest loans left unconsolidated grow relentlessly as interest compounds. What may once have been a manageable problem quickly escalates into a burden that feels insurmountable.
Inflation may feel like a distant concern when you’re still earning, but in retirement, it becomes a silent assassin of purchasing power – keeping in mind that even modest inflation erodes the value of your income and savings over time.
The first risk of over-providing is that of entitlement. When children never experience financial difficulty or financial limitations, they may grow to view privilege as a right, rather than a gift.
Surprisingly, drafting a will is often viewed as a stand-alone exercise – and yet a will is not merely a legal formality, it is a cornerstone of estate planning. Responsible drafting requires knowledge of the client’s assets, the jurisdictions in
In financial planning, the pattern is consistent. Those individuals who live within their means, save diligently, and remain invested over decades often end up with more financial security than they ever expected. Their success stems not from sophisticated strategies but
You may appoint co-executors who share the duties—and the executor’s fee. However, having multiple executors can create administrative bottlenecks in that any disagreements amongst the executors must be referred to the Master for resolution.
