Tips for end of life planning

By September 4, 2018Uncategorized

End of Life Planning – Tips

End of Life Planning really can help your family at a very difficult time and it isn’t just about writing a will. The month of January sees the highest monthly death rate in the UK, so now could be just the right time to face your own mortality and plan ahead. We have put together 10 tips for end of life planning to help you:

Tidy Up Your Financial Records
Make a record of all your capital assets and debts, include all your property, general contents, vehicles, bank accounts, savings accounts, shares, premium bonds etc. Don’t forget to include debts such as credit card balances, outstanding mortgage accounts and car loan agreements.  Click on the the red word to see an example of a spreadsheet which is a good option; you only need to fill in all the details once, and then update on a regular basis – it will help your executors establish roughly what inheritance tax may be payable, if any. It will also help them identify outstanding debts and ensure that no accounts or paperwork are missed. It is also worth including your regular direct debits, insurances (including life insurances), funeral plans and key contacts like solicitors or accountants on a separate page.

All Digital and Banking Passwords should be stored separately from your financial documents either with a solicitor, trusted executor or family member.

To find out more and see our other tips visit

About the author

Guy has worked in the insurance profession for over thirty years, initially in the London Insurance market as a broker and subsequently as a Lloyd’s Members’ Agent. He set up private client insurance brokers Castleacre in 2005. Castleacre is the first company in the UK to offer indemnity insurance to lay executors – in direct response to clients who had become executors but could not find suitable cover on the market. If you have would like to know more about executor liability insurance or to contact Guy click here. If you wish to view the Executors Insurance blog click here.

Guy Everington

Author Guy Everington

More posts by Guy Everington

Leave a Reply