Making financial links

Lester Brunt help families to look after each other, by building a financial plan that works for all generations. Careful inheritance tax planning is also about maintaining flexibility and control over any arrangements that are made. On the surface, golf and inheritance planning may seem worlds apart, but dig a little deeper and surprisingly enough, they have more in common than you might expect.

Strategic Decision-Making:

Both golf and succession planning require careful planning; evaluating options, and considering potential risks and benefits. In golf, players must analyse the course, taking into account factors like wind speed and direction to make tactical choices for each shot. Inheritance planning needs strategic decision-making to effectively distribute assets, minimize taxes, and ensure the long-term financial well-being of beneficiaries.

Long-Term Perspective:

As golfers we often have long-term goals for improving skills, achieving a certain handicap index, or winning championships. Inheritance planning focuses on long-term goals, ensuring the smooth transfer of wealth across generations and preserving family assets for the future. Both activities require consideration of the bigger picture.

Risk Management:

During a round of golf, players need to manage and assess risks associated with different shots, course conditions, and weather factors. Similarly, inheritance planning involves assessing and managing risks related to asset protection, tax obligations, and potential disputes among beneficiaries. Careful consideration of risks and strategies is needed to mitigate the chances paying off.

Collaboration and Professional Expertise:

Both golf and inheritance planning benefit from the expertise and guidance of professionals. In golf, players may seek coaching or guidance from golf instructors to improve their skills, while inheritance planning needs collaborations with financial advisers and solicitors if they are to develop effective strategies and navigate complex legal and financial matters.

While golf and inheritance planning may seem worlds apart, they share some common elements related to strategy, long-term planning, financial considerations, risk management, and collaboration with professionals. Understanding these similarities can provide a different perspective on how seemingly unrelated areas can have underlying similarities.

Contact Catherine Scard or Jennie Rose

Please reach out to Catherine or Jennie for a non-obligatory and informal discussion about how we, at Lester Brunt, can help you.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise.  You may get back less than the amount invested.

Catherine and Jennie have over three decades of combined financial experience and spend a lot of their time as advisers helping women achieve their financial goals. Within the female golfing community, Jennie and Catherine can share their passion and advocate the benefits of financial protection and the value and importance of financial planning. If you wish to get in touch, please contact Catherine or Jennie at [email protected] or [email protected]

Contact details:

Jennie Rose
07980 870 913
[email protected]

Catherine Scard
07763 833 474
[email protected]

Lester Brunt Wealth Management is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group's wealth management products and services, more details of which are set out on the group's website http://www.sjp.co.uk/products. Lester Brunt Wealth Management is a trading name of Lester Brunt Wealth Management Ltd.

SJP Approved 06/09/2023

Lester Brunt Wealth Management explains why you should not ignore risk whether it be on the golf course or with your finances - find out more.