13 episodes
MDG Professional Services Peter and Nicola
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- Business
Over the next 10 years, in the UK, an average of over £82,000,000 of family wealth will be transferred every single day. What is not so readily understood, is what could happen to reduce or completely dilute this wealth transfer. “You can’t assume that if your parents are wealthy it’s all coming to you” If you're transferring wealth or expecting to receive it, this series of podcasts should interest you. Join Peter and Nicola each week as they discuss the ins and outs of future wealth planning with guests from their professional associates who discuss the best way to manage this wealth transfer process.
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Episode 5a - Lasting Powers of Attorney
In this episode we talk about Lasting Powers of Attorney which are just as important as Wills and relevant to all adults. You're never too young or too old to consider an LPA as it allows you to appoint people you can depend on to make important life decisions if you aren’t able to. Listen to what our guest expert, Tammie Woods, Court of Protection Manager at law firm Debenhams Ottaway has to say on this emotional subject.
3 real-life situations where an LPA can save you time, money and stress - Debenhams Ottaway SolicitorsLasting Powers of Attorney Solicitors - Debenhams Ottaway SolicitorsCourt of Protection Solicitors - Debenhams Ottaway SolicitorsCourt of Protection FAQs for deputies – Debenhams Ottaway Solicitors Download advice sheets from our Webpage hereCheck out our website
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Episode 11 - SME Corporate Governance
As this series is about transferring wealth, we know there is substantial wealth tied up in family businesses. According to the Oxford research report in 2019, family-owned businesses made up 86.2% of the GDP for the UK.
In this episode we talk to Irene from Dallas and Co solicitors to make sure that your business wealth is safeguarded and effectively transferred to those you'd like to receive it.
Episode Links:
Download Company Governance checklist here
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Episode 10 - Pitfalls for the reluctant lay-trustee
In earlier episodes Nicola and Pete have mentioned the use of trusts as a way of directing and controlling family wealth – so in this episode we speak to Jonathan Reeves, a leading trust accountant.
If you are a lay trustee not sure of how to meet your responsibilities – or a family lawyer not able to give regulated trust investment advice you should listen to this episode
Jonathan Reeves Bio
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Episode 1 - Introduction
Welcome to our very first podcast – very exciting. We hope you find this series interesting and thanks for listening. Please let us have your feedback and naturally we would be delighted to receive your questions on any issues we cover that affect you personally.
Episode Links:
STEP will code Info - what STEP advise is the content of a will.
Authorised STEP Member Directory - a complete list of STEP members and the individual's profile.
Intergenerational wealth transfer overview PDF - a summary document explaining the concept of intergenerational wealth transfer.
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Peter's Bio
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Episode 9 - Is the road to Hell paved with good intentions?
In the second episode when we spoke to Steve, he indicated the millennial generation have a different approach to finding partners and setting up home together. However, this more liberated lifestyle often brings with it concerns for parents who are asked for financial support – to fund the rent deposit or the mortgage deposit. In this episode we talk to Rupi Rai a leading family lawyer at Rayden Solicitors on this subject. Rupi has a lot of sound advice for those involved and, equally important, the parents of the partners.
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Who is Rupi Rai?
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Episode 8 - Green Investments
10 years ago if you had strong views on investing in green and sustainable investments you would have expected to sacrifice performance and choice!
But today that has all changed and these beliefs are much more mainstream. In this episode we talk to Lucy Minton, head of business development support and Louie French, leading green investment influencer, both at Tilney, to get a better understanding of the rapidly growing trend. Prepared to be pleasantly surprised!
Episode Links:
Visit our website: https://mdgifa-ps.com
Who is Lucy Minton Bio
Who is Louie French?
Peter's Bio
Nicola's Bio
Check out our website
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