Paula Steele

Paula Steele, director at John Lamb Hill Oldridge and experienced financial adviser, focuses on estate planning, life insurance and tax-efficient wealth transfer. She discusses balancing care-costs with gifts. She covers pension tax changes, annuities and using gifts, trusts and insurance to protect inheritances. Family dynamics, educating heirs and practical tools for funding tax liabilities are explored.

Paula Steele, a seasoned financial adviser with over 40 years of experience, dives deep into offshore bonds. She explains their function as life insurance wrappers and compares them to ISAs and pensions, highlighting key tax benefits. Gain insights on the 5% withdrawal rule, potential tax liabilities, and when offshore bonds become beneficial for long-term planning. Paula also discusses the implications of moving abroad and innovative strategies like the gift and loan scheme. Get ready to rethink how you manage your wealth!