#wealth planning

[icewindandboringhorror]

(also feel free in the tags to clarify Why you made the choice you made!! :0c)

[curiousquill1]

Discover the top mutual funds for 2025. Make smarter one-time investments with expert portfolio analysis and maximize your returns confidently.

[rizkabaely]

We held a Family Forum to engage in discussions about succession planning, investment strategies, and philanthropy. This event was designed to collaboratively prepare and empower our family, ensuring that we create a strong foundation for future generations. By sharing insights, we aim to foster a legacy that reflects our values and strengthens our commitment to making a positive impact on society.

"You don’t choose your family. They are God’s gift to you, as you are to them.” –Desmond Tutu

#family #jnhummel #kahlilgibran #children #successionplanning #legacyplanning #classicalpiano #pianomusic #poems #poetry

[fuscoinsuranceagency]

The Benefits of Investing in Physical Gold with Fusco Insurance, Retirement & Wealth Planning Services

The Benefits of Investing in Physical Gold with Fusco Insurance, Retirement & Wealth Planning Services

The Timeless Appeal of Gold Investing in physical gold has long been considered a wise financial move for those looking to diversify their portfolios and safeguard their wealth. Unlike paper currency, gold has intrinsic value and has stood the test of time as a reliable store of value. Here are some key benefits of investing in physical gold: Hedge Against Inflation: Gold is often seen as a…

[adlestateplanning]

Essential Wealth Planning For New Law Firm Partners

We considered what graduates who are beginning a budding career in law need to know about managing their finances. Now it’s time to focus on the higher rungs of the law firm ladder with our wealth management planning advice for new and prospective partners.

You may have dreamt for many years of being a law firm partner, but now you’ve made the grade what’s in store for you financially? In many cases it’s the promise of immediately bigger income. As with the top rung of many professions your future earning potential will also be greater.

But that isn’t the whole story. Your changing circumstances as a ‘partner in waiting’ – where you’ve had the nod but still have targets to achieve – or a newly appointed partner will also give rise to new financial requirements.

ADL helps many legal professionals just like you, who are making the step up to partner, with wealth management planning. In this article, we consider what partners need to know about financial management, and why you should start planning as soon as possible.

What your new pay package will look like

First, let’s look at how law firm partners can expect to be compensated for their dedication and expertise.

While not all partner roles are the same, there are three general classifications of partner remuneration:

Equity partner – Where the partner’s income depends on the law firm’s profits. Profit share agreements can either be based on individual partners’ levels of seniority at their firm; or a mixture of that plus an additional annual performance-based share. As covered later, equity partners are required to invest capital in the business; again, the details of this will vary by firm e.g. cash contribution or loan.

Fixed share partner – This arrangement is a reduced form of equity partner (see above), with the partner’s income usually determined on a profit share basis, but at a lower percentage than full equity partners. Fixed share partners are often contracted to guaranteed minimum payments even in a year of poor profit. Bonuses/commission can also be part of their remuneration.

Salaried or Income partner – Unlike the two partner types above salaried/income partners remain on PAYE. They receive a contractual amount that doesn’t take into account the firm’s profits, which are not part of their income. That said, bonuses and commissions may still be paid.

There’s a lot to get to grips with. At a time when you might also be taking on bigger or more complex cases that would positively impact your and the firm’s reputation, it’s also important to consider how your financial compensation package could affect any wealth management planning.

Understanding financial risk and reward as a partner

Broadly speaking the issues below are the main financial considerations at this point of your legal career. Here’s a closer look at the issues you might encounter and our initial advice on how to approach them:

From safety net to self-employment – If you’re becoming an equity or fixed share partner the law firm will require you to switch to self-employment for tax purposes. If this is the first time you’ve moved away from PAYE you’ll need to get used to setting money aside to pay tax every January and July.

When you come off payroll you’ll also lose access to the firm’s employee benefits package. Removal of death in service and critical illness benefits is especially important, particularly for new partners who have a mortgage and/or a family to maintain.

Solution: Not all law firms automatically stop employee benefits: we work with some that are still entitled to a lump sum payout should the partner die, for example. But more often than not you’ll need to think seriously about replacing insurance policies to make sure you are appropriately covered in case the worst happens. The key word here is “appropriately”; this means more than having an equivalent sum being paid out by the insurer, but rather also being set up under trust, and then paid out of the trust correctly – especially where it’s covering a mortgage.

We helped a newly appointed partner who lost access to payroll benefits, recommending income protection to cover essential outgoings and a decreasing term assurance policy for their mortgage.

Off the payroll, out of the pension scheme – Closely linked to the point above is another common problem to solve: leaving your firm’s pension scheme if you’re a self-employed partner. That means you’ll need to start funding your future retirement yourself – and without the right advice pensions can be a minefield.

Solution: We recommend transferring the pension you’ve accrued at the law firm into a private scheme. From there, you’ll need to restart the regular contributions you were already making and review the level when your income begins to rise, for example through a greater share of profit-related bonuses. This is something we handled for a newly promoted partner; it’s important to review your contributions after 6 or 12 months, when you’d normally receive your first bonus.

It’s all about maximising pension allowances. However, partners are likely to use carry forward quickly. At this point you’ll want to make the most of ISAs and – once those are maxed out – alternative options such as Venture Capital Trusts.

As explained in our recent blog High Earner, High Pressure?, which considers investment options for people on bigger incomes, VCTs are tax-efficient collective investment schemes. They are designed to boost UK start-ups and scale-ups while providing income and capital gains for investors, in exchange for the increased risk you’re taking on.

 An increase in personal financial risk – Depending on the structure of your law firm you may be exposed to a much higher level of financial risk which can even include assets such as your family home.

In a limited company or limited liability partnership exposure levels are lower. Partners are required to invest up front – typically through capital or current accounts, directors’ loan accounts or existing profits. Typically, risk matches the level of initial investment made.

But risk is higher at firms with a traditional partnership that becomes insolvent if, for instance, the partnership performs badly or suffers a negligence claim that exceeds professional indemnity cover. In some cases, the creditor might even choose to pursue a specific partner further putting their personal assets at risk.

Solution: It’s a counterpoint to your success as a legal professional that financial risk increases even as you begin to earn more money as a partner. You might also need to take out a loan to buy into the partnership. This is often the case at smaller law firms where finance is required to ensure cashflow is not disrupted. Financing in this way can be structured as a capital account, paid down over time when you generate fees as a partner.

Partners in time: get wealth planning advice early

Whatever the issues presented as you step up to be a law firm partner getting the right advice and wealth management planning in advance are key. If you engage an adviser prior to becoming a partner you’ll be in a better position to navigate the financial opportunities and risks that will inevitably come your way.

According to Glassdoor the average partner starting salary in a UK firm tops £88,000 and this annual figure can rise dramatically over time. Add almost £20,000 in bonuses – sometimes far more – on top of this and you can clearly see why financial management advice is a must.

ADL is home to extensive expertise and experience under one roof, relating to all of the aspects outlined above and more including:

Insurance: critical illness, income protection and more

Pensions planning and ongoing management

Employee benefits

Intergenerational wealth transfer

Our mission is to provide bespoke wealth management planning that suits your specific circumstances, and support you to make sure the devil in the financial detail doesn’t undermine your progress as a law firm partner.

For more information or to book a free introductory consultation, contact our team today.

Originally posted by - https://adlestateplanning.co.uk/essential-wealth-planning-for-new-law-firm-partners/

[timothyhunt23]

Sustainability Investment Funds

Sustainability investment funds are the ones that have a co-relation with the social factors of the society. such investments leave a huge impact on the social lives of people around while adding it to the overall development of society around. Experts say these types of investments are wiser than any other.

[fredharvey57]

Pillar 3a Switzerland

Finances should be managed at the right stage so it can lead you towards betterment and a hassle-free life when you aren't actually able to make any differences in your life. This stage is generally known as retirement phase. Here, you can know about pillar 3a Switzerland and see how their retirement plans can help you save money.

[joycedavis26]

Swiss Mortgage Rates

Mortgage is a common method leading you to building something bigger for your future. when talking about different mortgage plans, one needs to think about Swiss mortgage rates from scratch and see what all can be done to make mortgage rates better and effective. Swiss mortgage rates can consist of multiple plans and policies to be executed.

[jamesgrider21]

Mortgage in Switzerland

There is only one way to build a property in a place like Switzerland and that's when you make the right efforts and get your financial records ready timely. Here, seeking knowledge about mortgage in Switzerland can give you fruitful results in no time. All you need is to have an upper hand in information seeking and you are done.

[humanjarvis]

pop star!reader x manager!caleb 🔞

you and caleb grew up together. with his shrewd mindset, natural charm, and uncanny business acumen, he always looked out for you. so when you finally made it big, of course you’d asked him to be your manager. and of course he’d agreed. it never would have been anyone else.

you've kissed a couple times before. touched some. but it always ended the same: he’d pull away and shut you out. he’d used more excuses than you could count: “it’d be irresponsible,” “i’d be crossing a line,” “i’d never forgive myself if i ruined our friendship”

but funnily enough, caleb’s never had a girlfriend. and he’s scared off every A-list suitor who’s dared to look your way. 

caleb hates when you provoke him. also hates when you wear revealing costumes.

so when he helps plan your setlist for an upcoming show, you sneak behind his back and recruit your bravest dancers to switch out your song cover segment for a special surprise performance 

the lyrics are raunchy and rebellious and loaded with references to him—a challenge for him to act on his forbidden desires 

your “outfit” is basically strips of fabric, and the way you’re practically flashing the audience nearly gives him a heart attack

he wants to pull you down from the stage. wants to stop the show entirely. but even in his outrage, he puts your reputation first

when you flounce backstage for your outfit change between songs, he hunts you down. steals your clothes from the girls who were supposed to help you change, grits out that he’ll do it himself, and pulls you into your dressing room

the argument starts as soon as he locks the door. you’re asking what he thinks he’s doing, he’s asking what that stunt was. all the while, he hurriedly yanks and tugs and unzips, leaving you half-dressed and breathing hard

the moment you’re almost bare in front of him, his anger begins to fizzle. he can’t waste his focus on anything more than the shape of your body

but you can’t have that. so you set him back off.

taunting him about how the song was for all the cowards in the audience, and maybe you should go find one and ask if he liked what he saw. he’d show you a better time than your manager ever had, that’s for sure

narrowed eyes and a clenched jaw. that’s all you see before he’s ripping off your tights and underwear, pushing you against the wall and surging into your waiting core

it’s fast and messy and unrestrained. it’s not what either of you would’ve chosen for your first time together, but something had to give. it was either this, or he followed you onstage and gave the audience a real show

the room fills with a mix of groans and sighs and traded barbs about how annoying the other is. and when you smugly tell him the kicker—the song you’d performed was an original, and you’d written it about him—the thick, sticky jets of his cum warm your insides, and you clench around him with a breathy, dazed laugh

and in record time, snapping immediately back into the overbearing manager role, he shoves your new outfit over your still-trembling body and walks you back to the curtain

“this discussion isn’t over. i’ll see you when you’re done” he promises lowly before nudging you onstage

and for the next half hour, you’re forced to finish the show with your mixed release dripping down your legs

i watched a clip of garden of eden by lady gaga & it inspired this quick outline of how i would write this full thing if i were going to. which i’m not bc i’ve already written a similar pop star au

[theambitiouswoman]

Basic Financial Rules To Live By 💰✨

Create a plan that shows how much money you get and how much you spend. This helps you see where your money goes.

Set aside a part of your money as savings. Try to save at least 10-20% of what you earn.

Be careful with borrowing money, especially if you have to pay back a lot of extra money (interest).

Save some money for unexpected things like medical bills or losing your job. Aim to have enough to cover your living costs for a few months.

Put your saved money into different things that can make it grow, like stocks or real estate. Be patient, as it takes time.

Don't spend more money than you make. Stick to buying what you really need, not just what you want.

Decide what you want to do with your money, both in the short term (like a vacation) and long term (like retirement).

Set up automatic transfers to your savings and bills so you don't forget to save or pay your bills on time.

Make saving money a top priority before spending on other things.

Regularly look at your money situation, adjust your plan as needed, and see how your investments are doing.

Pay your bills on time and use credit wisely (like credit cards) to keep a good credit score, which can help you get better deals on loans.

Save money for when you're older and don't work anymore. Use retirement accounts to help with this.

Think before you buy things. Don't buy something just because you want it; think if it's necessary.

Keep learning about how money works and how to make smart money choices.

Only use your emergency fund for real unexpected problems, not for things you just want to buy.

[curiousquill1]

Top Mutual Funds for 2025: A Guide to One-Time Investment & Portfolio Analysis

Looking for a mutual fund for a one-time investment that maximizes returns without requiring ongoing commitment? As 2025 unfolds, several standout options have emerged inside the investment landscape that deserve close interest. The proper single-contribution fund can probably rework your financial trajectory while being decided on with careful consideration of market situations, fund performance history, and alignment with personal desires.

The Mutual Fund Advantage in 2025's Economy

Mutual price ranges continue to offer accessibility and diversification advantages that men or women choosing stocks in reality can't have. With inflation issues stabilizing, however, global economic uncertainty persisting, and finances providing balanced exposure across sectors, they have come to be increasingly more treasured for capital upkeep and boom.

The present-day market environment favors disciplined funding tactics, specifically for those hesitant to decide on systematic funding plans. Lump sum investments in carefully selected mutual funds allow traders to capitalize on marketplace possibilities at the same time as maintaining liquidity for unforeseen wishes.

Evaluating One-Time Investment Options

When thinking about a mutual fund for a one-time investment, several elements call for attention:

Time Horizon Alignment Funds with great 5-year and 10-12 month performance information commonly reveal resilience across marketplace cycles. For 2025, mid-cap price ranges with sturdy fundamentals show specific promise for investors with 7+ year horizons.

Expense Ratio Impact Lower cost ratios immediately affect returns through the years. Several fund houses have decreased their fee systems this year, creating possibilities for cost-conscious traders.

Fund Manager Expertise The distinction between common and excellent returns frequently comes down to fund management. Investment portfolio management teams with confirmed success navigating unstable markets deserve top-class consideration.

Risk-Adjusted Performance Rather than chasing absolute returns, sophisticated traders examine Sharpe ratios and maximum drawdowns to perceive funds that deliver consistent performance without excessive volatility.

The Critical Role of Portfolio Analysis

Mutual fund portfolio analysis is well-known for showing insights into past primary performance metrics. Examining region allocation possibilities, concentration risks, and correlation with present investments provides clarity on whether a fund genuinely enhances your general role.

Digital tools have revolutionized how buyers conduct portfolio evaluation, with visualization capabilities highlighting capability vulnerabilities. Before finalizing anybody's time investment choice, inspecting these precise breakdowns guarantees alignment with danger tolerance and economic goals.

2025's Most Promising Fund Categories

Index Funds with a Twist Enhanced index funds offering marginal outperformance with minimum additional threat constitute a wonderful starting line for brand-spanking-new buyers.

Focused Equity Funds Concentrated portfolios of 25-30 high-conviction shares managed by experienced groups have established superior threat-adjusted returns through the latest market volatility.

International Exposure Funds Funds imparting access to rising markets and evolved global markets provide precious diversification from domestic market moves, especially critical given present-day geopolitical tensions.

ESG-Integrated Options Sustainable investing keeps its maturation, with proof mounting that environmentally and socially responsible finances can deliver aggressive returns while handling long-term risks.

Beyond DIY: The Value of Professional Management

While self-directed investment is growing more and more available, expert investment portfolio management services offer advantages tough to duplicate independently. Experienced advisors convey institutional-grade analysis abilities, negotiated rate systems, and objective views unburdened by emotional attachments to unique investments.

Investment portfolio management experts can perceive capable mutual fund mixtures that supplement present property while avoiding pointless overlap. Their comprehensive know-how of tax implications, especially for one-time investments, regularly results in considerably progressed after-tax returns.

The mutual fund landscape in 2025 gives compelling opportunities for one-time investments but calls for thoughtful evaluation and strategic positioning. Whether pursuing self-directed or professionally guided procedures, clear-eyed portfolio analysis remains the foundation of investment fulfillment.

[kenzan-brainrot-mp4]

My ass has Not been drawing because I'm trying to get through Infinite Wealth as fast as possible but oughh kazumaji, oh the way things change

The fact that these two scenes are 16 Years Apart is crazy.

The fact that it took 16 years, 5 games, and countless instances of Kiryu leaving for Majima to finally just outright tell him "don't leave", whereas before he would've just stayed quiet.

The fact that Majima stayed silent in Yakuza 3 when Kiryu was leaving to live a new, free life while leaving Majima to take care of his responsibilities, meanwhile in IW he speaks up when Kiryu leaves to go throw his remaining life away for the yakuza while leaving the 3jimas to their quiet (if admittedly miserable) new lives. ohhh they make me sick

[fertilefemme]

reminder that butch/femme is a working class exclusive community with communist roots. if i see one more post that's like "i want a rich butch/femme" or "i want to be a rich butch/femme" i'm actually going to lose my fucking mind.

this post is on an nsfw blog and is about t4t lesbians. minors, terfs, and men (including trans men) dni.

[unbfacts]

Buffett has revised his plan to donate his fortune to the Gates Foundation in the future. Instead, he now plans to let his children decide.