Coronavirus: Wealth planning checklist

These are uncertain times during which the UK Government has advised its citizens to remain at home in order to stay safe and to protect our vital National Health Service. Therefore if you find yourself with some available downtime during this period, it may be a worthwhile exercise to put your basic wealth planning in order with the help of this simple checklist, including:

  1. Write a will 
  2. Establish a Power of Attorney
  3. Collate lost pensions arrangements 
  4. Update pension beneficiary form (expression of wishes)
  5. State Pension
  6. Review old insurance policies
  7. Consider new insurance policies
  8. Consider making gifts
  9. Charitable donations
  10. Budgeting
  11. In Case of Emergency (ICE) document
  12. Government Schemes to deal with impact of COVID-19

If you have any questions or concerns, please get in touch with your usual MHA Carpenter Box Wealth Management contact or email us at wealth@carpenterbox.com

The content of this resource was shared by investment management company LGT Vestra.