You probably realised their university education will set you back a hefty amount, but have you considered the expense of sending them to an international school right from primary age up to University?
Their future is in your hands, which is why it is so important to plan ahead. From their first steps, to the time they are financially independent, you will never stop wanting the best for them. And you will need to plan for every step of their education and beyond.
And of course later in life when you pass away, having peace of mind that your nearest and dearest will be financially secure and your estate is passed on as smoothly as possible is invaluable.
With top Universities in the UK charging overseas students nearly £90,000 for a 4-year course, and with international education fees rising exponentially, it’s never been more important to put a bit away for their future.
At the moment it's not how much, but when. The cost of delaying by even a couple of years can considerably increase how much you need to save each month in the future. We can work out target funds, likely returns and cashflow forecasts with you.
Your children will always be your children regardless of how old they are, and many of us intend to pass on our wealth to allow the next generation to be more financially secure. Tax implications mean you must consider how, when, and how much you pass on to loved ones whether it be during your life or as inheritance.
Giving your child the very best start in life is essential, and because we care about our clients, that makes it important to us too.
It goes without saying that the earlier you prepare, the greater chance you have of ensuring your children realise their true potential. By taking action now you can relax knowing that you have made the necessary provisions for your children’s future. Investing in your children’s future is an investment in their long-term wellbeing – At Skybound we provide you with the tools to help you navigate this and other key moments in your family’s future, giving them and you a tomorrow to be proud of.
You can reach us directly by calling us between the hours of 8:30am and 5pm at each of our respective offices and we will immediately assist you.