THERE IS A SIMPLE DESCRIPTION OF WHAT WE DO

There are 5 areas to discuss, and this is my way of ensuring that the client understands our role:

• LIVING TOO LONG
• DYING TOO SOON
• GETTING TOO SICK
• LOTS OF MONEY TO INVEST
• NOT ENOUGH MONEY AND NEED TO BORROW SOME

Our Job is to Assess the impact of these, based on:

• THE CLIENT
• ANY DEPENDANTS
• ANY BUSINESS YOU MIGHT RUN

So, we can deliver the biggest cheque the client might ever see at the time it is needed the most.

LIVING TOO LONG? (The money runs out before you do)

What are you doing about saving money?

Deposits – Investments – Pension – Property – (Inheritance)

DYING TOO SOON (The money is insufficient for those left behind)

Who close to you will suffer financial loss and inherit debt?

Wife – Children – Business partners

Loss of income – Unprotected Mortgages & Loans to repay – Unprotected business interests exposed and may finish up in the wrong hands

GETTING TOO SICK (Dying a little bit)

Somewhat a mirror of the above, but with the added problem of stress as a witness to everyone’s financial suffering.

LOTS OF MONEY TO INVEST (Lucky you)

Maybe the above four are not a major financial issue as you have existing means – but you may need to check how secure your investments are and how they are performing

OR THERE IS A NEED TO BORROW SOME

Mortgages (Property purchase) – Business loans