Life is busy, between maintaining your family life, career, keeping fit and going to the gym, keeping up your social life and maybe finding time for a holiday; it’s hard to fit everything in! “Budget, Super, Insurance, Mortgage, Finances, Estate planning; what do I need? I haven’t looked at it, I’m too busy can you…
The kids have moved out and the house is starting to feel empty as well as costing a lot to maintain. So is it time to sell up and buy something smaller? We look at the pros and cons of downsizing the family home. If you’re an empty nester or retiree who owns their own…
More than half of Australian women feel in control of their finances, but many are concerned about their savings and are missing out on valuable opportunities to boost their superannuation, according to new research released by MLC. The all-female study revealed just 57 per cent of women across the country feel in control of their financial…
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst those changes was the introduction of a $1.6 million transfer balance cap which limits the tax exemption for assets funding superannuation pensions. This new limit on superannuation will apply from 1 July 2017 and creates additional responsibilities for SMSF…
On Wednesday 9 November 2016 the Government introduced its superannuation legislation which makes changes to the superannuation laws it originally announced in the 2016 Federal Budget. Most of these changes will apply from 1 July 2017 so it might be sensible to for you to start thinking about how your superannuation will be impacted by…
Following my last article on tips for Limited Recourse Borrowing Arrangements (LRBA) in your Self-Managed Super Fund (SMSF), I thought I would follow-up by highlighting some common traps that are all too common out there. Unfortunately these traps catch out many Australians and can create some painful & costly problems, make sure you don’t get caught…
One of the common questions I get asked is can I purchase a property in my super fund. Usually we have to delve a little deeper than just saying yes. We go into depth of the reasons why the client wants to purchase the property in the super fund. After examination we sometimes agree the…
There is often a lot of confusion about what assets you can and can’t leave as part of your Will and how best to deal with control of certain assets upon passing. I thought I would provide a brief overview of some common oversights and areas that not everyone understands. Joint Assets How you purchase…
You have finished University, working on building your career, keeping fit going to the gym, keeping up your social life going out meeting friends in pubs and restaurants and trying to save for travel. “Budget, Super, Insurance, mortgage, estate planning, haven’t looked at it, I’m too busy can you fix it?” This is a common…
