TT nationals in UK benefit from TT High Commission’s financial planning forum
January 31, 2014: Nationals of Trinidad and Tobago in the United Kingdom benefited from an intensive succession planning and asset management forum when they attended the Trinidad and Tobago High Commission’s Nationals Meeting on Wednesday 29th January. High Commissioner for Trinidad and Tobago to the United Kingdom, His Excellency Garvin Nicholas saw the need to provide such a forum for nationals, stating that it was imperative for Trinbagonian nationals to be educated on their financial obligations and rights while living in the UK.
“There is a large generation of Trinbagonians who came to the UK years ago and have worked very hard and sacrificed a great deal to achieve financial security. It is vital that our nationals are informed of effective means of succession planning to ensure they and their loved ones can continue to live comfortably,” H.E. Nicholas remarked.
Ms. Aleka Gutzmore, a Financial Executive and Mentor addressed the audience in her presentation titled “Taking Control of Your Family’s Fortune”. Ms. Gutzmore illustrated savvy means of financial planning, securing inheritance funds and asset protection strategies, noting the importance of implementing a Trust when establishing a Will in order to protect future generations.
Ms. Gutzmore urged the audience to make financial planning a priority. “I cannot overstate the importance of business and asset protection – it is never too early,” she declared. “Many people are uniformed of certain rules and regulations and find themselves in difficult situations which could have been avoided had they or their loved ones implemented proper financial planning strategies”.
The High Commissioner emphasised the importance of the information detailed in Ms. Gutzmore’s presentation to members of the Diaspora. “I want to see the Trinbagonian Diaspora thrive in the United Kingdom,” he stated. “In order for our community to build a solid foundation, we must ensure that we are equipped with the competency to strengthen our finances and provide a better future for our children and grandchildren”.
H.E. Nicholas concluded the meeting with a commitment to the continued advancement of the Trinbagonian Diaspora in the United Kingdom. “I am very pleased that our Mission is able to provide essential services such as this to our nationals,” he stated. “We will continue to work towards the betterment of our Diaspora and the promotion of Trinidad and Tobago in the United Kingdom and beyond”.