Mary and Derek's Case Study

Mary and Derek lived comfortably in retirement, but were concerned about the impact that Inheritance Tax would have in reducing the value of their estate.

Mary and Derek's main financial priorities were:

• To reduce the potential Inheritance Tax liability of their estate
• To ensure that their lifestyle was unaffected by any action taken

By undertaking the Financial Management Programme, Mary & Derek were presented with a life-long cash-flow forecast, which illustrated how their wealth was to slowly increase over time, as their income exceeded expenditure. Using the cash-flow models, we were able to calculate the amount that they could afford to give away to their daughter, without risking their own financial security.

We also helped to revise their Wills and implement an Insured Trust Fund, which removed the impact of Inheritance Tax on their estate.

What Mary and Derek said about Cilbenrick:
"We have found Cilbenrick courteous and friendly and pleasant to work with. They are efficient and up to date with their technology. I am pleased to recommend them."