A STARTING POINT
Asset liquidity
Connect the assets you hold with the expenses you expect to meet.
A PLANNING QUESTION
Property and business interests. What will pay for everyday needs?
A family may own substantial assets and still need to plan how upcoming expenses will be funded. I review expected spending alongside income, accessible savings and any conditions affecting the use of other assets.
Put expenses on a timeline
Identify regular living costs and larger planned expenses, such as care, education or retirement needs. Separate near-term payments from longer-term goals.
Identify available sources
Review income and cash alongside property, business interests and insurance. Record what is accessible, who can authorize its use, and what needs further checking.
Discuss the trade-offs
Consider the consequences of each possible source of funding, including timing, costs and the family’s other needs. Any specific financial or legal arrangement should be reviewed before implementation.
Where we can begin
Bring an outline of the expense you are planning for and when it may arise. We can then identify the information needed for a more detailed review.