With the nights drawing in, Christmas fast approaching and the familiarity of the autumn television schedules warming our hearts, what better time in the year to get your affairs organised!

At our well-established firm of Solicitors in Oldham, the experts at North Ainley Halliwell help ordinary people organise their affairs on the basis of hoping for the best but preparing for the worst. We also know a thing or two about getting the upper hand over the Chancellor.

Along with all those resolutions you will make on 31st December about turning over a new leaf, reducing your overheads, and your waistline, why not consider the 5 tips below.

Not all of our suggestions require you to deal with professionals and most of them require only simple changes. Whether you are an employer or an employee, looking for work or retired, looking for love or about to embark on married life, for the first or second time, death and taxes elude no one. Our 5 top tips will point you in the right direction.

  1. Make a Will
    And make sure you keep it up to date. This enables you to benefit your loved ones, save tax for them at the same time, and gives you peace of mind. And don’t forget any death in service benefits. By nominating who you want to benefit you may save tax at the same time.
  2. Understand the tax status of your business
    And seek advice if you do not. Most business owners want to minimise capital gains tax on sale and ensure that tax is avoided or mitigated when they pass their business on to members of their family.
  3. Lend assets to your children
    (rather than giving assets away to them). This way you can give them a helping hand onto the property ladder (whether they are first time buyers or just trying to up-size) whilst reserving the right to demand repayment from them.
  4. Consider who will assist you as you get older.
    Do you need to appoint someone to help with your finances? What will happen if you have to move to a nursing home? How will you afford your nursing fees?
  5. Do a good turn
    Give money to charity. It has tax benefits, and turning your perspective outward when times are tough helps you to appreciate your own blessings.

For more information on the resolutions that you can plan for now that could make a real difference in 2013 and beyond please click here to send an email to Zoe Ashton, or call us now on 0161 624 5614.