Planning for Your Retirement
Our Private Client team can give you specialist advice on all aspects relating to Planning for Your Retirement
Retirement should be a time to reward yourself and your family for many years of hard work. Therefore, it is important that you plan carefully for your retirement to make sure it will be a period where you can enjoy yourself.
At The McKinstry Company, we can assist you in the retirement planning process. Below we outline some of the key considerations you should keep in mind when planning ahead. We understand that everyone needs to find solutions that work well for them and their circumstances and we are experts in this area of law and can assist you in planning. We pride ourselves on being a law firm for life, able to adapt with you and your family’s needs.
If you have any questions about retirement planning, do not hesitate to get in touch. We are always happy to discuss with you – give us a call today on 01292 281711 or complete our online contact form. Our team will be delighted to assist.
Experienced Retirement Planning Solicitors in Ayrshire & Dumfries and Galloway
Financial Considerations
It is important that you continue to have a reliable source of income when you retire. You may wish to explore investment options or even set up a trust to protect particular assets. Either way, it is vital that you get your finances in order. We can help you conduct a review of your assets and understand what might work for you.
Downsizing your Property
It is also worthwhile considering whether your property will work for you in your retirement and, if not, whether you may want to downsize. Again, we can advise you on your options and assist in any purchase and sale. We have local property experts on hand to advise you on the market conditions and ensure a smooth, streamlined transition to your retirement property. In most cases the cash recognised is tax free.
Family Business Planning
Finally, if you operate your own business, it is important to consider succession planning. You will need to understand who will run the business when you retire, whether it will remain in your family or whether it will be sold. As a full-service law firm, we can draw on our experience in estate planning and business law to provide you with clear and comprehensive advice.
Get in Touch
At The McKinstry Company, we put our clients at the heart of our work. As a firm we never lose sight of the importance of the client and the outcome which the client seeks from us.
Our goal is to generate and maintain strong and lasting client relationships rather than a transactional approach to the work which we undertake. We are a law firm for life and will work with you as your family and finances change, to ensure that you receive the best possible legal advice.
If you want to learn more about retirement planning, get in touch today. You can contact us on 01292 281711 or via our online contact form. Our friendly and dedicated team are here to help you.
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