Franklyn – For What Matters

Family financial planning

For what matters: you and your family

If you have a family, it doesn’t require any special insights or expertise to know that looking after them is your number one priority. Day after day, you take care of them in any way you can – an urge that’s set to remain with you for the rest of your life.

Whether you’re a parent in the first few years of bringing up children, or you’re old enough to have grandchildren – and maybe great grandchildren? – this protective instinct never leaves you.

But are you aware how effective the right financial arrangements can be in helping younger generations grow and flourish?

A plan for all the family

Planning for the future doesn’t just mean considering the goals and aspirations you have for yourself. It also means thinking about future generations, and ways in which your wealth can help them remain secure and protected throughout their own lives. It means thinking about ways in which you can pass on wealth in the most tax efficient ways, and give them the financial leg up that could get them through university, onto the property ladder, or into business.

The next generation

It can also mean giving children and teenagers some sound financial knowledge – not rooted in abstract theories, but in practical steps that could make an amazing difference for them throughout their own lives.

At Franklyn, we’ve always been really keen to equip children and young people in our community with a few important financial skills. Through our work in local schools, and via our much-loved Franklyn Fox book, we’ve introduced thousands of children to some financial planning basics, and we’ve seen how it can build their confidence with money. They are skills that will stay with them throughout their lives.

The right time to pass it on

Looking after your family isn’t only about passing on your wealth to your children when you die – although it’s important to plan that process carefully and make sure it happens in the most tax efficient way.

It also means thinking about their different needs at various stages of life, and it might involve making financial gifts while you’re still alive. After all, it could make a huge difference to their education or their ability to buy a house – plus you get to see the results for yourself and enjoy the satisfaction of helping family members thrive!

A focus on family

Focusing on your whole family is part and parcel of what we do as financial advisers, and it makes sense to take their evolving needs into account.

From choosing protection products that will help look after them financially if you fall ill, to planning for their future once you’re no longer around, there’s nothing that matters more than your family. Putting them at the heart of your financial plan may be simple common sense – but to you, it’s also the most important thing in the world.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief is dependent on individual circumstances.

Get In Touch

" (Required)" indicates required fields

Franklyn Financial Management Ltd together with St. James’s Place Wealth Management plc are the data controllers of any personal data you provide to us.
For further information on our uses of your personal data, please see the Practice’s Privacy Policy or the St. James's Place Privacy Policy. Where you are providing us with personal data about another individual, you will inform them that you are providing their information to us, and refer them to St. James's Place Wealth Management Plc's privacy notice available at