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New Year’s resolutions are all about making a fresh start, putting the old year behind you and setting plans in place for the year ahead. After the expenditure that comes with Christmas, getting your finances sorted can be a good place to start.
It tends to be significant life events that make us think about getting our financial house in order – buying a home, getting married, having a child, a family death, divorce, but the problem is that we’re so busy during these times that dealing with the non-urgent finance tasks, such as wills, trusts and Lasting Power Of Attorneys (LPAs) often drop down the ‘to-do’ list, then they are forgotten about again until the next life event. New Year therefore offers an opportune moment to actually get these things completed.
In the next few blogs we’ll be discussing why it’s important to get these plans in place, as none of us know what the future holds for us…