Financial planning
Consistency is an enormous bonus when it comes to financial advice and planning. Our Financial Planner, Mike Yuille, can guide you both in your home country and when you move to France. This service includes four main areas.
Retirement Planning
There are many ways to plan your retirement across three different sorts of pension: Company, Private or State pensions (NHS in the UK, Social Security in the US). Retirement Planning offers comprehensive planning services and guidance across all your pension assets and takes a holistic view to get you to where you want to be.
Estate Planning
This covers Wills and Power of Attorney. It also covers Trusts, but it’s important to understand that the concept of Trusts does not exist in France and can raise red flags as potential tax evasion. It is essential to seek sound financial advice as soon as you start to think about moving to France as there are actions you can take before you arrive that will alleviate the potential tax burden that Trusts can attract once you are here. French succession and inheritance laws are unlike those in your home country, so it’s a good idea to have strategies in place well ahead of time. As a golden rule, being prepared before you move can make a significant financial difference.
Investment & Wealth Management
This is about cash management, and how to get it working better for you. Investment, Brokerage and Lump Sum Investments are the three main areas of discussion, but it’s a big and important topic that also covers tax-efficient investment structures in France.
Protection
Life Insurance, Critical Illness Cover and Income Protection are useful tools, particularly if you are still working or have a young family when you move to France. The goal is to protect your future earnings. You can start by protecting what you have now (with a Will, for example), then add life insurance, critical illness cover or income protection, and then focus on building your wealth.