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Hi Bob,

Thanks for your question. Anything involving trusts, inheritance tax, and capital gains tax is a virtual minefield (particularly as both the Government and HMRC seem to systematically move the goal posts every few years). I would always advise consulting an inheritance tax law specialist if large sums (above the allowances) are involved.

The good news is that for a personal estate the first £325,000 is free from inheritance tax, so if you're estate is worth less than this you need not worry.

In the mean time whilst the shares are in your name you have an annual capital gains exemption of £12,000 (or £6,000 for trusts), so if the profit made on selling the shares is likely to be less than this, again you need not worry - there will be no tax to pay.

Hopefully , that has put your mind at rest but if the sums involved are greater than these allowances please send me a direct email to chedgy@TheEscapePlan.co.uk and I will try and help as much as I can.

Good question, let's start with what is an escape plan? - and to a certain extent it depends on what you want to escape from ...

Essentially this blog was set up for anybody that has got themselves in to a position that they want to change, but don't know how to. This may be a job/career that you're sick and tired of or even your own personal health and well being. This situation can arise in many guises - you could be in your forties, supporting a family but hating your job and longing for some way to change it but not knowing where to start. Alternatively you could be a graduate straight out of university who has a clear idea of how you want your life to go, and want to get a clear, structured plan in place to make that happen, right from the start.

Either way,it's never too late to plan for your future (within reason!).

The problem with modern day life is that it's become so busy that the vast proportion of the population have lost sight of the direction that they want their life to be travelling in. We spend so much time just trying to get through each day, and put food on the table that we can no longer take time out to see the big picture or plan for the future. Also, most people have had very little financial education, so money seems to spill through their hands like grains of sand and investing feels like a pipe dream. Even those people, who on face value seem to have it all, are quite often holding it together at the expense of their mental or physical health.

I faced the same temptations, pitfalls and fears but through a combination of knowledge and experience have managed to navigate through the maze of life so that I'm now running it on my own terms rather than somebody else's. What i did was not particularly clever or difficult. Indeed, I would say that anyone given a certain amount of knowledge, self discipline and willingness to commit to a plan for the long-term can do it.

So to answer your question The Escape Plan will arm you with the information and knowledge to make the best of your situation and put in place a practical financial plan to allow you to escape to whatever you want your life to be. It will also show you how to stay fit and healthy in the real world where time is limited and you want to eat and drink like a real person, not a cover model.

Don't get me wrong - there are no short cuts. What we're talking about is investing over the long-term (10years+), self discipline and honesty with yourself, and the occasional short-term sacrifice for long-term gain. But the rewards are worth it, particularly if you don't want to be working in a job you don't love for forty years ...

Now, in answer to the second part of your question: What am I trying to sell?

The simple answer is nothing. I've started this blog to help people and that will always be its primary purpose.

There is so little good quality information out there in either the financial or health and fitness industry where someone isn't trying to work an angle, that I thought I would use my knowledge and experience to provide some unbiased advice. Any products or suggestions that I recommend are 100% because I honestly think they are the best product for the job (normally because I have used them in the past or currently using them). If there is an affiliate advertising scheme for that product then I will join it, to help cover the cost of running the blog but the key point is that I will never let the presence of an affiliate program affect which products I recommend. Some products that I recommend will have an affiliate scheme, but others, such as Vanguard Funds - which I think are great - do not. This will not stop me from recommending them.

Whether you choose to believe me or not come down to trust. Hopefully, you will get from my blogs a sense of ethics and honesty. If you don't, just take the information that you need from me, and choose to use whatever product you want ...

Hi, this article is amazing! I’m starting a new blog, and I’ll definitely bookmark this for future reference. Thanks for sharing!

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You're right, I do live in the UK and did spend most of my working life in London.

But, The Escape Plan's (TEP) core themes and values are to provide financial, health, fitness and nutritional information to anyone who feels trapped in their lives in some form and looking for help to come up with a plan of escape. This may be in the form of a job or career they don't like, wanting to just get out of the rat race, or a body shape they want to change etc. These are universal issues shared by many people in the modern world, everywhere. If you can relate to this, then TEP is for you no matter where you are living. Very occasionally I may touch on an investment idea that might be influenced by current UK tax laws and I will highlight this, but in general it will be information and advice that can be used by everyone, no matter which country you are residing.

I hear you! and travelling with children is definitely different!

Part of the reason we took the opportunity to travel as a family is that I never had a gap year after university and it always felt like an itch that I needed to scratch. I'm sure the trip we took was very different to how it would have been when I was 21! There's pluses and minuses with both - it's certainly more expensive as a family of four (although I was in the fortunate position of being on paid gardening leave so it meant we could stay in accommodation and have experiences that wouldn't have been an option as a student). You obviously have to be more organised (home schooling and safety aspects mean that you can't 'wing' it in the same manner). That being said, when we got on to our first flight the only accommodation we had arranged was our first couple of weeks of the trip. The beauty of living in the Airbnb era is that it is a lot easier to book nice, safe places to stay on the hop (in fact, in most cases the later we left it the more leverage we found we had negotiating a cheaper stay). We did take out the premium level travel and medical insurance and although we didn't really use it (apart from when my wife got ill in Thailand) I would always recommend doing this for peace of mind.

I would liken your question to one I often hear regarding children playing rugby. Parents quite often have reservations about concussion and injuries when their children play such a physical sport. I would always argue that the character building, social, team-bonding and lessons you learn about life and yourself through playing the sport far out weigh the relatively small risk of serious injury. Likewise, what your children will gain from the experiences they have travelling make the tiny percentage chance of something negative happening fall off the radar. There's always risks, whatever you do - that's life. But for us as a family we definitely thought the opportunity was worth it, and I have to say, without doubt it was the best thing we've ever done. The only negative being, that most of our future holidays will struggle to ever compare!

Best of luck, and I hope you take the plunge (I'm sure you wont regret it and please send us a post when you get back).