Expert Financial Advisers for Divorce & Separation
Financial Advisor Divorce Specialist
The long-term financial consequence of getting divorced can be considerable and prolong the stresses experienced by what is already a very emotional and painful process. Many couples looking to make their divorce experience as amicable as possible to reduce the stress on themselves and their family choose to manage the divorce themselves.
The process can be fairly simplistic in the majority of divorce cases. However, when it comes to sorting out the financial elements, we would always recommend seeking the help and advice of a Financial Planner so that you can have complete peace of mind about your assets, money, Pensions, and future short and long-term financial security.
Redwood Family Wealth & Estate Planners Ltd. is a family-owned and run firm of Financial Advisers providing Chartered Financial Planning Services and specialist Estate Planning solutions. We are registered in England and regulated by the Financial Conduct Authority.
Listen to Jasmine, our Chartered Financial Planner, provide more information about Wills during your divorce:
How can an Independent Financial Adviser help me with my divorce?
Using an independent Financial Adviser as part of your divorce process can help to make the divorce settlement process less threatening than when done through a firm of lawyers, particularly when you and your ex-spouse only want to achieve a fair and equitable end to the marriage.
Our role as Financial Advisers is to ensure that accurate information is obtained and appropriate decisions made with regard to the distribution of marital assets and future Wealth Management.
Questions a Specialist Financial Planner can help you answer
Some of the biggest and most important questions that arise from a divorce relate to financial matters:
- Where will I live and how can I afford it?
- How much money will I need to live for myself or my children and myself?
- How can I ensure my longer-term financial security?
- What will happen to my Pension Pot?
- How can I plan for my Retirement in later life?
- What happens to our Wills and should we create new ones?
- Do I need to change or replace my Lasting Powers of Attorney?
- How do I put Guardianship requirements for my children into my Will in case the worst should happen to me?
- How do we agree on the split of our property and assets?
- How can I update my Funeral Plan to remove references to my ex-spouse?
- Are there ways to protect my wealth from Inheritance Tax and Care Fee assessment in the future?
- How do I manage the financial assets that I will be given, now and in the future?
- What happens to any business assets we own post-divorce?
These are just some of the many and varied questions and concerns we are used to working with Clients to answer, and we provide a critical role in the divorce process through our expert financial advice.
Our Financial Planner is adept at working in conjunction with Clients’ solicitors to avoid costly mistakes that could have repercussions for many years into the future.
Post-Divorce Financial Advice
Our financial advice doesn’t stop at the divorce settlement. For many, being faced with Tax, Investment, and Pension Planning decisions that you had not previously considered can seem daunting and overwhelming.
Using our Financial Planners specialist experience in divorce will provide you with the support and guidance you need to deal with any Financial Planning issues that may arise.
If you have received a financial settlement from your divorce, we offer a broad range of Financial Services including Pension Planning, Investment Strategies, Inheritance & Capital Gains Tax Planning Services, Long Term Care Fee Planning Services, all designed to help you to grow, protect and enjoy your wealth.
Post-Divorce Investment Management
Helping you set your Investment Strategy and selecting the right Investments is just the initial part of the Investment Planning Process. Our role then evolves into the ongoing management and monitoring of your portfolios and investments to ensure they remain consistent with your risk and return objectives.
We will keep you abreast of the evolving market through our Quarterly Investment Bulletin, or by ad-hoc communications sooner if this is deemed necessary. At Redwood, our Investment Clients have access to a Financial Adviser should they need them throughout the year, as well as having a 121 Annual Review Meeting and attending Our Annual Client Investment Conference.
The Quarterly Investment Bulletin will also include your personal Investment Plan update so you can see exactly how your plan is progressing against your objectives. You can also access the most up-to-date view of your funds’ performance through your online portal as often as you like.
Putting you in the driving seat of achieving your Investment Plan is critical to its success, and we are here every step of the way to guide and advise you on how best to keep it on track.
Post-Divorce Savings Advice
As Savings and Investment specialists, Redwood does not only give expert advice on ISAs but all types of Savings and Investment products, creating a bespoke solution that suits your immediate needs as well as the lifestyle you aspire to lead.
We will work with you to assess your income and goals, your acceptance of or aversion to risk, and other influencing factors before giving you a recommended Investment Plan and our reasons for the choice of products we recommend.
It rarely makes good financial sense to have all your savings in one type of investment, and so our Savings and Investment Advisers will help you to ensure you select a well-rounded portfolio of Investments that will maximise your Savings while balancing the risk to a level that is appropriate for your stage in life.
For example, you may wish to invest your savings in stocks and shares when you are younger, but want the flexibility to be able to move them into cash to protect their accumulated wealth as you get closer to retirement.
Post-Divorce Pension Advisory Service
Our Pension Advisors have been helping Clients with specialist Pension Advice for over a decade. We can arrange all sorts of retirement solutions to meet your needs including a guaranteed income for life (annuity), income for a fixed term (fixed-term annuity), flexible access to your money (draw-down), or a combination of these.
Pensions can often be large sums of money that you may need to rely on for the rest of your lifetime, and so you will want to have the confidence in finding the right products for you.
At Redwood, we put your needs first. We will provide you with a bespoke personalised plan and recommendations based on your circumstances, needs, goals, and plans for later life.
Our Financial Advisers will guide you every step of the way, from the initial research of suitable products for your financial planning needs, the financial advice, and recommendations we make, making your decision, application, and ongoing support with managing your pension pot. And because we want to ensure our financial advice is as transparent and easy to understand as it can be, we will always explain things clearly, in plain English, avoid jargon!
And you can be sure of having confidence that we will safely help you make the most of your money. We are strictly regulated by the Financial Conduct Authority, and our 100% Satisfaction Guarantee will give you the peace of mind that we guarantee the pension advice we give you for your retirement planning.
We are pleased to offer you access to our FREE Pension Planning Webinar: Roadmap to Retirement.
Simply click the button below to register:
In this FREE Pension Planning Webinar you will learn:
- The amazing benefits of starting to save for your Pension in early life
- How to calculate what you need to save to achieve your retirement dreams
- The importance of diversifying your Investment Portfolio to maximise your Pension Fund
- The 3 Key Steps to creating and achieving your Retirement Plan
- The alternative ways to achieve Retirement without a Pension
- How to balance risk versus reward when setting your Pension Strategy
Post-Divorce Estate Planning
Our Award-Winning Estate Planning Solutions ensure that your assets are protected from the nastier things in life; like Long Term Care Fees, Inheritance Tax, Divorce, and Relationship Breakdowns in a legal and tax-efficient way.
Through effective Estate Planning, we will help you take control of your assets to make sure that your beneficiaries receive the right money, at the right time and it stays with them.
Estate Planning is about making sure you have all the right legal documents in place to carry out your wishes and manage your estate in the event of your death or ill-health. Taking the time now to plan what happens to the legacy you leave behind, can help reduce your Inheritance Tax bill and ensure your family will have less to worry about when you are gone.
Estate Planning is so important because failing to make plans for your Estate can lead to unintended consequences for your beneficiaries, including the loss of wealth through paying unnecessary Inheritance Tax and Care Fees or in the event of a Divorce or relationship breakdown.
Our Estate Planning Services include:
- Will Writing
- Lasting Powers of Attorney
- Pre-paid Funeral Plans
- Inheritance Tax Planning
- Care Fee Planning
- Secure Document Storage
We are pleased to offer you access to our FREE Wills, Trusts, and Estate Planning Webinar.
Simply click the button below to register:
In this FREE Wills, Trusts & Estate Planning Webinar you will learn:
- The 5 common mistakes that make most Wills disastrous and how to avoid them
- How to use your Will to protect your home and money against Care Fees and pay less Inheritance Tax
- If you will benefit from the new Residential Nil Rate Band Tax Allowance
- The critical importance of Lasting Powers of Attorney and how to use them
Regulated Advice You Can Trust
The Advice we give our Clients is regulated by the Financial Conduct Authority (UK).
As the regulator of financial services in the United Kingdom, the Financial Conduct Authority (FCA) is responsible for the functioning of the U.K.’s financial markets.
The goal of the organisation is to ensure honest and fair markets for individuals, businesses, and the economy as a whole. The Authority does this by protecting consumers, protecting the financial markets, and promoting competition. The FCA falls under the purview of the U.K.’s Treasury and Parliament.
Our Financial Planner is Chartered and our Advisers are all Certified Financial Advisers by the London Institute of Banking & Finance to provide professional financial advice, as well as holding numerous industry-recognised qualifications including DipFA, CeRER, CeLTCI.
Get in touch with Redwood Financial
At Redwood Financial, we believe in treating Clients as people, not just as a number. We understand the stress and emotional impact going through a divorce can bring and our team will always ensure that you have a safe, empathetic, and supportive environment to work with us in to achieve your divorce settlement.
This “family” philosophy makes our company unique amongst many other financial advisers and is something we are very proud of.
What makes us different is our ability to work with individuals, other interested partners, and in particular families as we believe helping families is the most important and rewarding thing we can do.
Our experts are ready to help secure your divorce financial settlement and your future legacy for your loved ones.