Your Wedding Financial Planning Experts

How to pay for your big day

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Thanks for visiting our website. Firstly, if you are concerned about selecting an adviser via the internet, we suggest that you watch this video. We also provide a number of suggestions here about how you could get comfort that we are the right adviser for you.

How to pay for your big day

These days it is normal for couples to live together for a period of time before getting married, which is just as well, as paying for a wedding and buying a house at the same time would be a big ask in the current market.

Long term cohabitation has become very common but there are significant drawbacks when it comes to taxation. If you are cohabiting but unmarried and not in a registered civil partnership then you are actually strangers in tax law and tax can be due on gifts by one partner to the other. There is an annual exemption from tax for gifts of less than €3,000 but as you get older things can become complicated and especially so when you start to consider the inheritance tax bill which will result in the event of the death of one of you. If you are married however there is a spousal exemption from Capital Acquisitions Tax (on gifts and inheritances).

If you have decided to get married we can help you to fund your big day with as little stress as possible.

Of course funding your wedding isn’t your only need. You may also need to save for third level education for children, make provision for your retirement, accumulate wealth in the most tax effective manner and hopefully achieve a good work life balance.

The most effective and efficient way to ensure that you achieve your financial and life objectives is to retain a Certified Financial Planner to construct a plan for you. If you retain us to write your Financial Plan we’ll help you to structure your mortgage in a way that fits in with your other objectives. Click here to book a place on a webinar to learn more about Lifestyle Financial Planning.

About Financial Planning

Most of the important life choices which we make, about issues such as career, family planning, housing and leisure are based at least in part on our assessment of our ability to meet the costs involved. As such, how well we manage our money is an important determinant of our futures. Even so, many people don’t have any formal plan for this. With so many moving parts to the process, a plan is critical to success.

Contact us today on 01 546 1100 for a no obligation discussion or book a 15 minute video call with us here.

Click here to find out more about our philosophy.

Check us out in the media here.

BOOK A FREE NO-OBLIGATION CHAT 

We’re operating as normal during Covid. Contact us now for a free no obligation chat;

By Telephone 01 546 1100
Use the Form on this Page
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.

BOOK A FREE NO-OBLIGATION CHAT 

We’re operating as normal during Covid. Contact us now for a free no obligation chat;

By Telephone 01 546 1100
Use the Form on this Page
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.

About Highfield Financial Planning

We provide superior advice on Financial Planning services to business owners, professionals and their families. The principal of the firm Eoghan Gavigan has over 25 years’ experience in banking and finance across Treasury, Lending and Wealth Management and is a Qualified Financial Adviser (QFA) and a Certified Financial Planner (CFP). The CFP qualification is the world’s most respected industry designation, held by only a select number of advisers. As Specialist Investment Advisers we can provide you with detailed investment advice on your pensions and investments.

We want you to be comfortable in your dealings with us. We provide a number of suggestions here for ways that you may be able to obtain comfort that we are the right Financial Planner for you.

Our Process

1

Establishing the client-planner relationship

Explain the services that will be provided and the process as well as the remuneration structure.
2

Pre-planning and data gathering

Completion of the financial factfind and queries on same, as well as obtaining information on any existing financial products. Agreeing the financial objectives and timing. Discussion of investments and assets classes and assessment of your attitude, tolerance and capacity for risk.
3

Analysis and identification of financial problems

Establish your current situation and analysis of your objectives. A financial problem is when the figures indicate a deficit of resources. Formulation of solutions for same.
4

Develop and present the financial planning recommendations

Devising the financial planning recommendations. Discussion of the recommendations and revision if necessary.
5

Implementation of agreed-upon recommendations

Implementation of the agreed upon recommendations by client and planner, coordinating the process with other professionals such as accountants, tax advisers or solicitors.
6

Ongoing actions and review

Diary actions for future implementation, as well as the timing of the review and pre-work.

Why We Changed Our Business To Focus On Financial Planning

Having been involved in Financial Services for over 25 years our experience is that most people feel that they aren’t well served by the traditional financial advice model. Commission based sales creates a huge conflict of interest as in order for a financial adviser to be paid for his work he must sell you a financial product.

Many people who approach us for financial planning services tell us that they feel that what they have been getting is sales, and they want advice.

Our most successful clients use Financial Planning to manage their finances and accumulate wealth. Studies have shown that people who engage in Financial Planning are more on track with their financial affairs and have higher net worths.

Who Is Financial Planning Suitable For?

  • You own your own home or are planning to purchase a home soon
  • You have surplus income (although you may well feel that it is not being used optimally)
  • You may have financial products (pensions, life assurance, investments etc) but they were sold to you by someone who had a target to achieve
  • You are interested in developing a cohesive plan to achieve your financial objectives

I would highly recommend Eoghan to anyone looking for expert financial advice. From my first meeting with Eoghan, the level of service has been exceptional. He's extremely knowledgeable, very patient and explains things in way that you can easily understand. I'm delighted with the product he found for me and I hope to be a client of his for years to come.

Gareth M21/9/2020

Excellent service provided by Eoghan since I took the decision to take my pension out of the Banks and use a financial advisor to help me maximise incomes from the market. He is always attentive and quick to offer current valuable advice. Happy to recommend Eoghan to anyone interested in getting sound financial advice.

Niall Hearn2/3/2020

For pensions and advice, Eoghan is an expert, professional and thorough. He has a knack for explaining and summarising this important and complex subject in layman's terms. This helps enormously, making you comfortable that you are making the right financial choices for you. He is also a patient and nice guy to deal with.

Bill Glennon18/9/2019

As well as advising me on the performance of my existing personal pension & arranging life insurance policies, Eoghan is also now overseeing our business needs. So far, he has implemented an employee pension scheme & is advising on corporate co-director & key-person insurance. I have found him to be exceptionally knowledgeable and honest and wouldn't hesitate in recommending him to others for either business or personal pensions/investments etc.

Dawn Richardson10/10/2019

We first met when i was made redundant and needed help with moving my pension. Since then, he has advised me on my life insurance policy for my mortgage and helped me to get a much better deal than I had with my bank. He is extremely helpful and I can ask him anything without feeling like it's a stupid question!

Rachel Egan1/2/2020

Want to hear more?

Make contact today and we’ll explain the benefits of lifestyle financial planning.
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