{"id":1111,"date":"2022-08-04T11:15:11","date_gmt":"2022-08-04T10:15:11","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=1111"},"modified":"2022-08-04T11:15:14","modified_gmt":"2022-08-04T10:15:14","slug":"purposeful-wealth-understanding-your-why","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2022\/08\/04\/purposeful-wealth-understanding-your-why\/","title":{"rendered":"Purposeful wealth \u2013 understanding your \u2018why\u2019"},"content":{"rendered":"
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Most people\nwould agree that wealth is not about hoarding money but the financial freedom\nand flexibility it affords to help us achieve our passions and goals. Wealth\nessentially has the capacity to create a powerful purpose within our lives,\nprovided we are able to unlock its true value.<\/strong><\/p>\n<\/div>\n\n

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A good starting\npoint for unlocking the value of wealth is to develop a clear understanding of\nwhat you want from life and what mark you want to leave. Do you want to travel;\nstart your own business; support your family; create opportunities for others,\nor leave a legacy? Establishing the type of things that you really care about\ncan provide a genuinely powerful purpose to wealth.<\/p>\n<\/div>\n\n

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Sharing your\nwealth<\/strong><\/p>\n<\/div>\n\n

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One of the best\nways to find fulfilment in your wealth is by sharing it; there is certainly no\njoy in holding onto wealth you will never use. Using wealth to help family, for\ninstance, can be a particularly rewarding experience that allows you to\npositively change loved ones\u2019 lives.<\/p>\n<\/div>\n\n

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Indeed, as the\ncost-of-living crisis continues to weigh heavily on household budgets, there\nhas perhaps never been a better time to offer financial support to family\nmembers.<\/p>\n<\/div>\n\n

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Intergenerational\nplanning<\/strong><\/p>\n<\/div>\n\n

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A recent report1<\/sup>\nshows that one in three advised families now share the same financial adviser,\nwith many turning to them for help with wealth transfers and planning. As well\nas cost-of-living pressures, the increasing need for intergenerational advice\nhas also been fuelled by the Chancellor\u2019s decision to freeze Inheritance Tax\n(IHT) allowances until at least 2026, which will result in a growing number of\npeople becoming liable for death duties.<\/p>\n<\/div>\n\n

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Unlocking\nthe real value of your wealth <\/strong><\/p>\n<\/div>\n\n

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We can help you\ndevelop a clear understanding of what you want to achieve with your wealth and\nthen provide the support and advice required to fulfil those goals.<\/p>\n<\/div>\n\n

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1<\/sup>M&G,\n2022<\/p>\n<\/div>\n\n

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It is important to take professional advice before making any\ndecision relating to your personal finances. Information within this article is\nbased on our current understanding and can be subject to change without notice\nand the accuracy and completeness of the information cannot be guaranteed. It\ndoes not provide individual tailored investment advice and is for guidance\nonly. Some rules may vary in different parts of the UK.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Most people would agree that wealth is not about hoarding money but the financial freedom and flexibility it affords to help us achieve our passions and goals. Wealth essentially has the capacity to create a powerful purpose within our lives, provided we are able to unlock its true value. A good starting point for unlocking […]<\/p>\n","protected":false},"author":12,"featured_media":1112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,77,78],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1111"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=1111"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1111\/revisions"}],"predecessor-version":[{"id":1113,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/1111\/revisions\/1113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/1112"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=1111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=1111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=1111"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=1111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}