Paraplanners' Assembly host, Richard Allum, is joined guest expert, Barrie Dawson from M&G Wealth, to ask: 'What happens to tax wrappers when a client dies?'
It’s a big deal because, for surviving family and friends, knowing there's a posthumous financial plan of action can help avoid a wealth of distress, doubt and anxiety.
What’s more, getting it right has the potential to be one of those 'moments of truth' for clients – the kind of support they never forget and are grateful for years later.
For a start, you can listen to this lunch hour Assembly where we cover:
☑️ how tax works;
☑️ how money is distributed;
☑️ who needs to do what to get the money; and
☑️ where it needs to go.
We consider a whole variety of taxes – including income tax, inheritance tax and capital gains tax – as well as administrative issues such as probate. Plus we'll point out essential planning tips for paraplanners as we go too.
M&G Wealth have created a page on their website where you can download Barrie’s slides AND complete a brief test to obtain your CPD certificate for taking part.
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