Lifetime Planning

Lifetime planning as a concept is nothing new. However, it is rarely considered across the spectrum of professional services, usually to the detriment of the client.

The idea behind the concept is that when we are advising on key legal considerations throughout your lifetime, we also prompt you to consider non-legal factors at the same time, either through one of our preferred partners, or through your own contact. This ensures your whole needs are considered in advance of key life events.

The other main point, which is demonstrated by the below table, is that this concept is not age specific. For example, the common misconception is that a Will is only required after a certain age. This is obviously incorrect as a person could die at any age in life & without an adequate Will, meaning their wishes could be ignored & their assets would pass under the rules of Intestacy. By regularly & consistently considering your needs, we will mutually ensure you have effective lifetime planning in place. 

Age Range Under 35
Legal Services Wills (unmarried coupes with houses/ First time buyers/Guardians for children)
Declaration of Trusts
Related Services Protection - life insurance, income protection, and critical illness
Pension planning
ISAs - NISA, Junior, Help to Buy, Lifetime
Mortgages
Age Range 35–45
Legal Services Wills (focusing on guardians/second marriages/children from previous marriage)
Trusts in wills for children
LPA for business owners
Declarations of Trusts
Advice for attorneys/deputies
Wills for business owners
Related Services Protection - life insurance, income protection, and critical illness
Lifetime Cashflow modelling
Pension planning
Mortgages
Investment planning
Protection for business owners - Key person protection, relevant life cover, shareholder, directors loan
Age Range 45–65
Legal Services Wills (Again focusing on second marriages/protecting children from previous marriage)
IHT Planning
LPAs
Trusts
Guidance for attorneys/ deputies
Probate
Related Services Protection - life insurance, income protection, and critical illness
Pension planning
Investment planning
Lifetime Cashflow modelling
Whole of Life Protection - IHT
Trust Planning
Age Range 65+
Legal Services Wills
LPAs
Management of Finances
Care planning
IHT Planning
Probate packages
Trusts
Selling residential property to fund care
Attorney, Executor & Deputyship services
Related Services Pension (drawdown, IHT, children/grandchildren)
Investment planning
Lifetime Cashflow modelling
Tax efficient drawdown of assets
Whole of Life Protection - IHT
Trust Planning
Funeral Planning
Generational planning
Care Planning
Age Range Legal Services Related Services
Under 35 Wills (unmarried coupes with houses/ First time buyers/Guardians for children)
Declaration of Trusts
Protection - life insurance, income protection, and critical illness
Pension planning
ISAs - NISA, Junior, Help to Buy, Lifetime
Mortgages
35–45 Wills (focusing on guardians/second marriages/children from previous marriage)
Trusts in wills for children
LPA for business owners
Declarations of Trusts
Advice for attorneys/deputies
Wills for business owners
Protection - life insurance, income protection, and critical illness
Lifetime Cashflow modelling
Pension planning
Mortgages
Investment planning
Protection for business owners - Key person protection, relevant life cover, shareholder, directors loan
45–65 Wills (Again focusing on second marriages/protecting children from previous marriage)
IHT Planning
LPAs
Trusts
Guidance for attorneys/ deputies
Probate
Protection - life insurance, income protection, and critical illness
Pension planning
Investment planning
Lifetime Cashflow modelling
Whole of Life Protection - IHT
Trust Planning
65+ Wills
LPAs
Management of Finances
Care planning
IHT Planning
Probate packages
Trusts
Selling residential property to fund care
Attorney, Executor & Deputyship services
Pension (drawdown, IHT, children/grandchildren)
Investment planning
Lifetime Cashflow modelling
Tax efficient drawdown of assets
Whole of Life Protection - IHT
Trust Planning
Funeral Planning
Generational planning
Care Planning
Elderly Couple

Why Jackson Barrett & Gass

We are an award winning rm specialising in property & private client matters. Our lawyers are specialists in their eld & we believe that a personal and honest approach is essential for all Solicitors, matched with a high level of communication.

Our firm has been in operation since approximately 1914, a testament to our longevity and ability to adapt to cultural and economic changes. Despite our age, we are run as a modern business with the aim of providing exceptional service, which is tailored to our clients’ specific needs and requirements.

Our commitment to high levels of service are evidence by our three Law Society accreditations, which involve continual monitoring & annual external assessments. 

"By regularly & consistently considering your needs, we will mutually ensure you have effective lifetime planning in place”

Lasting Powers 01