Richard, a company executive, is married with two children, who attend a private school. He and his wife, Karen, have a mortgage on their family home and two buy-to-lets. Richard’s four previous jobs all offered pension plans.
His company gives stock options and the opportunity to participate in a ‘save as you earn’ scheme. He has several ISAs and has invested in shares over the years.
With Richard struggling to collate the documentation for these various investments, it became apparent that Karen had no idea where everything was kept. Having joint access to their personal finances – in one place – has benefitted them enormously. In addition, VaultWill prompted Richard and Karen to take out inheritance tax (IHT) planning insurance, something they had never factored into their plans when making their will.
Graham is retired, with a good pension and a portfolio of stocks and shares. He and his wife, Judith, have two children, who don’t live locally. They see them a few times a year, given the distance and them having families and busy lives.
With friends passing, Graham and Judith felt the need to address the management and accessibility of their personal affairs.
Having that conversation with your children is difficult, and one that can easily be put off, but Graham and Judith took action, action which means that their children will be able to administer their estate once they have gone. In fact, they, too, have moved onto the VaultWill platform to protect their own legacy!
Suzie works in publishing in London. She is in her mid-40s and has recently divorced. With the change in family circumstances, Suzie wanted to ensure her three young children would be well looked after should anything happen to her.
Now a single parent, Suzie needed to take stock of her assets. Wanting her personal finances documented in one place, it seemed the right time to collate them in the VaultWill system. Safe in the knowledge her children’s legacy has been recorded in one location, Suzie now feels prepared for whatever the future may hold for them.
Preparing for your young children’s welfare and security for any life event is something we don’t like to dwell on; but forward planning will ensure any decisions you may have made mentally will be followed through physically. Getting your affairs in order brings peace of mind, enabling you to focus on and enjoy your family journey.
David started up his plumbing business at the age of 25. Over the past 30 years, he has successfully crafted it into the thriving firm it is today. His wife Lynne is a college lecturer. They have a daughter and twin boys, all working or at university.
David first sought financial planning advice a year ago for guidance in handling the different schemes he has, namely ISAs, unit trusts and pension funds. These schemes entail a lot of paperwork and he was finding it difficult to manage it all in his head. This led David to realise that if he was no longer here, Lynne wouldn’t have a clue where to start. If he couldn’t organise it mentally, how could she – he had always taken care of the finances.
To spare her the stress, David decided to have their accounts documented and stored securely online. He has now saved not just Lynne but himself unnecessary worry, knowing that if anything happened to him, everything would be easily accessible and clearly laid out for his wife and children.
Kate has been working as a water engineering contractor for almost 20 years, with returning stints in Kenya, Uganda, Spain and the US as well as the UK. She has been living with her partner, Dan, for 4 years in the home they bought together. They have no plans to marry.
With years of overseas postings, Kate has active accounts in different currencies – and it was proving difficult keeping track of them all. She decided to look into how she could gather her assets in one place, digitally. That way, wherever her work took her, and the need arose, she could access her financial documents online.
Dan would struggle to pay the bills and mortgage without Kate’s income. The worry of this spurred Kate into looking at how she could protect Dan’s future. Rather than leaving it too late, with the expert guidance of the VaultWill website, Kate and Dan are now financially prepared for whatever life event may suddenly occur. The VaultWill system offers beneficiaries valuable and trusted assistance – which has brought great comfort and reassurance to this couple, in particular.
Craig and Andy are in a civil partnership. Before he met Andy, Craig had renovated two rental properties, which are both currently let. Andy, too, has a flat, which he rents out. With these and the home they bought together, along with future property development plans, they both felt it was time to formally record their combined estate.
There are no nieces or nephews between them to leave their estate to, but Craig’s sister hopes to start a family in the not-too-distant future. With just one elderly parent alive, they have chosen the charity Andy works for and Craig’s sister as the main beneficiaries, with friends receiving certain possessions.
Andy and Craig wanted to ensure that all of their assets, both individual and joint, were properly documented in order for the total asset value of their estate to be distributed how they want and for no one to miss out. Guidance and process from the VaultWill system has made this possible.
Chris has been working in the music industry since he graduated from university over 30 years ago. He has had long-term relationships, but never married, is currently single and has no children.
Chris and his brother, Mark, are very close. In absence of children of his own, Chris has chosen for his nieces to be his beneficiaries. This led to him thinking about the protection of his legacy. With little idea of how straightforward it would be for his brother to handle his estate, Chris began looking into how and where he could record his assets, with the specific requirement of having them logged in one place.
VaultWill offers that one place. When the time comes, Chris’ brother now won’t need to make any hurried or costly decisions himself, decisions he may not be fully certain on; he will simply log in to VaultWill and find Chris’ assets saved in one secure and trusted location and know how to handle them. This is a huge weight off Chris’ mind – and his brother’s, too.
Ross is the head of an NHS radiography department. He and his partner Claire, a primary school teacher, have a three year old and are expecting another. They have a mortgage on their family home and a rental property that they manage themselves. Having both grown up in households where only one person oversees the finances, Ross and Claire felt very strongly about recording their assets and accounts in one place to prevent a scenario which troubles them. Discovering VaultWill has brought them each peace of mind, knowing that when the time comes their partner will be able to confidently locate and manage their family affairs.
Marion unexpectedly lost her husband, Jim. They were both in their sixties at the time and he had shown no previous signs of ill health. The shock was immense. Unfortunately, Jim had always taken care of their finances and, as a result, Marion found herself not knowing how to manage everything from utility accounts to matters regarding their will. Struggling to organise everything pertaining to their home, Marion sought professional help, help which not only cost her a fortune but added to her financial worries.
Marion’s job as a GP receptionist meant she was confident in using a computer, but while she was grieving it didn’t occur to her to look into ways of managing the estate on her own. Marion was looking for a quick fix during a painful time, but all she needed was some initial guidance. Now she knows what is involved in protecting an estate she realises she could have saved herself considerable expense.
Thankfully, through word of mouth, Marion did eventually find us. With her daughter’s help, she found VaultWill to be clear, easy to use and affordable. Her and Jim’s legacy is now safely documented online and, when the time comes, their daughter will not need to go through the difficulty Marion did.