Making your intentions known leads to a harmonious family life

Making your intentions known leads to a harmonious family life

A plan needs to be known and documented, otherwise it can lead to uncomfortable conversations in the future. Protect your family by following these four steps for getting your house in order in later years.

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The kick up the backside I needed

The kick up the backside I needed

One of my clients was telling me this week that the following post resonated with her at the time of writing (May 2017). Because of that, I decide to rerun it today. I’d love to hear your thoughts. Drop me an email and let me know.

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Would you move in with your elderly parents? It may just be the home of the future.

Would you move in with your elderly parents? It may just be the home of the future.

The inspiration for this week’s topic comes from Mary Condell from Sage Advocacy, one of my guests at the information evening I hosted on the Fair Deal Scheme and enduring power of attorney last Thursday week. She kicked off by asking which one of us doesn’t want to keep on living in our own home. What would your answer be?

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It’s time to consider downsizing

It’s time to consider downsizing

A 2016 ESRI report named Ireland the ‘empty-nest’ capital of Europe, highlighting the fact that Ireland has more people living in homes that are too large for their needs than any other country in Europe. As your kids fly the nest, you might be starting to recognise that feeling. Maybe it’s time to free up some cash for retirement.

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Whole-of-life insurance policy that lapses in your 60’s

Whole-of-life insurance policy that lapses in your 60’s

“We are where we are,” a client said to me with resignation recently. That phrase suggests that it just happened that way. There is nobody in particular to blame and that there’s nothing much we can do about it except get on with things. She was trying to explain how she ended up with an expensive, ever increasing whole-of-life insurance policy. Now she finds herself with the dilemma: should be cancel now or try to maintain the policy for ever more? Before you sign the dotted line, understand (all) your options.

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Consider adding terms and conditions to your will

Consider adding terms and conditions to your will

Passing wealth on to the next generation is a cornerstone of our society, yet it has the potential to go badly wrong. We need to radically change our attitudes to inheritance. In a nutshell, families need to talk more about money.
This article appears in today’s Sunday Times. Be sure to pick up a copy.

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How to ensure you are not over insured

How to ensure you are not over insured

For every Euro you spend on critical illness and life assurance, you are denying yourself an income of €4 in retirement. Insurances are necessary, but many clients I advise tend to be over-insured. Today we take a look at how this happens and what you can do about it.

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Living in sin? It’s not all it’s cracked up to be.

Living in sin? It’s not all it’s cracked up to be.

Greetings from Boston, Mass. This week I’m taking a look at the consequences for cohabiting couples. Unmarried couples living together have virtually no rights when it comes to succession rights. It may not affect you, but there are many of our friends and family that are blissfully unaware of the associated risks facing cohabiting couples. Feel free to share this article too.

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The estate planning road map

The estate planning road map

I have been surrounded by an abundance of pragmatism and realism lately, particularly when it’s families facing end of life issues. I am conscious that not everyone plans ahead, so today I want to give you a couple of pointers on opening up the conversation with loved ones on estate planning and end life matters. A conversation today is not about an immediate event, only a long term inevitability.

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No more excuses, it’s time for action on your personal finances

No more excuses, it’s time for action on your personal finances

As a business leader, you are in the habit of setting goals. You probably start every year with goals for your personal life as well as your professional one, but do those goals extend to your personal finances? This morning I’m going to suggest a couple of achievable personal finance resolutions that you should adopt immediately.

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