Saga Personal Finance: Equity release can bring forward inheritance by Finance News Bulletin

Published: 12/09/07

wwwmoneynewscouk > universal finance > Saga Personal Finance: Equity release can bring forward inheritanceChoosing to release equity from a house can allow people to "bring forward" an legacy for the brood or grandbrood, it has been claimed

The over-50s specialist claimed that many people choose to use equity let go for this reason instead of as a income to supplement incomeIn contrast to reducing the eventual legacy that people will pass on to their heirs, Saga argues that this use of equity let go should be seen as an advance payment"It is a common anxiety that by releasing equity from their home people are concerned they will have less to pass on to their heirs but as mentioned above, for some people it helps 'bring forward' the inheritance," said Clare Cracknell, manager of marketing for SagaShe advised that people considering this method of generating money should speak to a expert adviser

Services which Saga offers its customers include holidays to universal destinations, an award-winning

Visit original article: