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Financial life admin tips for lawyers who come into wealth
Instructing a tax professional to help you plan for the future can mean that you are prepared for all eventualities. They can provide advice relating to capital gains, income and inheritance tax but can also highlight areas you may not even be aware of.
We’ve all been guilty of falling behind on life admin, it can be something that we often advise our clients to do but when it comes to ourselves it can be easily overlooked.
Whilst it may seem obvious to point out to a lawyer that they need to have certain legal documents in check in order to maintain and protect their affluence, it is very often one of the most common things that is neglected.
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