Talk Money Week

November 3, 2022, By Slater Heelis

Talk Money Week is a government initiative, running from 7th – 11th November 2022, encouraging open conversations about finances and any money worries or questions you may have.

With the energy and cost of living crises, money is on everyone’s mind. During Talk Money Week we want to encourage everyone to be more open about the taboo topic of money.

Communication leads to better decision making

The Money and Pensions survey found that open communication about money led to better financial decisions, reduced stress and anxiety about finances and stronger personal relationships. As a full service law firm, our solicitors can help you figure out the best way to handle decisions regarding your finances, whether it’s estate planning, navigating business operations or buying a new home.

Estate planning and thinking ahead

When it comes to estate planning, effective and constructive two-way communication is essential for a smooth succession of your assets. Our solicitors are well trained in finding the best legal option whether you are appointing a successor to your business or an inheritor to your home.

Your financial wellbeing is our top priority. We want to help you tackle necessary conversations that may be difficult; money is never an easy subject to broach with friends, family or colleagues, and neither is death. We believe, however, that with our expert, sensitive advice that we can increase your confidence going into uncomfortable conversations around wills and inheritance.

Concerns about business

The cost of living crisis has had a serious impact on everyone’s finances, but we are seeing many small businesses can overwhelmed by the sudden rise in overheads. During these uncertain times, even the smallest decisions can dictate whether your business will sink or swim.

Our corporate, commercial property and employment solicitors are well versed in the commercial landscape of the North West. They are able work collaboratively to identify opportunities for cost-savings and growth, whilst avoiding legal pitfalls and ensuring compliance to any regulatory procedures involved. Our solicitors can help you through any stage of the business life-cycle, and with concerns around leases or employment contracts and everything in between.

So, if you’re concerned about your business, you aren’t the only one in this position. Lead on others within the business and your local business community for support, and if you’d like to discuss your options with a legal professional, get in touch using our contact form or give us a call on 0161 969 3131.

If you would like to learn more about Talk Money Week – Money and Pensions Service have created a library of resources to help you talk more about money and overcome the anxiety that is tied to it.