Family First: Providing Financial Security for Your Loved Ones

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Hugo Hamilton-Shaw, Divisional Director, London at Brewin Dolphin, explains how help is at hand when it comes to providing financial security for your loved ones.

How to protect your family in these uncertain times

The Covid-19 outbreak has made many of us think more carefully about protecting our family from financial difficulties. However, this isn’t just about having savings and investments to provide for the long term – it’s also about ensuring your loved ones are provided for should the worst happen. Life is about balancing out priorities, covering both today’s needs and future ambitions. Brewin Dolphin takes great care to understand you and your family. Financial security is a key part of this conversation. And many clients wish to use their wealth to benefit others through legacies and bequests.

Here’s how Brewin Dolphin can help you ensure that both you and the next generation are financially prepared.

Financial Protection

There is an old saying that you should look at protecting before investing. Insurance is a powerful and cost-effective way to protect your family, your legacy, and your business, should something happen to you. We want you to avoid having to worry about money should you face any health issues, and so we can help choose the best products and correct levels of cover for your circumstances. In all cases, we develop a tailor-made plan to match your requirements.

Trust Planning

Trusts can be used for a variety of different purposes, depending on what it is that you are hoping to achieve. This could be helping to pay school fees for grandchildren, or to pass money onto your successors tax efficiently. Trusts allow you to retain control of the investment and what the funds are used for, further protecting your legacy. We help clients navigate the complexities of trust planning, to find a solution that is right for them.

Starting Early

If you are looking to provide financial security for your children or grandchildren, having time on your side is a great start. The power of compound returns can mean that what starts as a modest amount can become a valuable pot for expenditure such as university fees or a first home. We are on hand to advise on the options available, ensuring the solution is both tax efficient and in line with your aims and objectives.

If you would like to discuss any of the above, please contact Hugo at or on 0203 2013719 to schedule a no-obligation, introductory meeting.

The value of investments and any income can fall and you may get back less than you invested. No investment is suitable in all cases and if you have any doubts as to an investment’s suitability then you should contact us. Please note that this document was prepared as a general guide only and does not constitute tax or legal advice. The opinions in expressed in this publication are not necessarily the views held throughout Brewin Dolphin Ltd. 

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