Paraplanners' Assembly host, Richard Allum, is joined by Barrie Dawson from M&G Wealth to ask: 'What happens to tax wrappers when a client dies?'

It’s a big deal because, for surviving family and friends, knowing there's a posthumous financial plan of action can help avoid a wealth of distress, doubt and anxiety.

What’s more, getting it right has the potential to be one of those 'moments of truth' for clients – the kind of support they never forget and are grateful for years later.

So what can paraplanners do to prepare?

For a start, tune in to this Assembly because it covers:

☑️ how tax works;
☑️ how money is distributed;
☑️ who needs to do what to get the money; and
☑️ where it needs to go.

And it considers a whole variety of taxes – including income tax, inheritance tax and capital gains tax – as well as touching on administrative issues such as probate too.