Protecting

The problem with dying....

No one likes to think about that point where they’ll eventually kick the bucket but it is a definite so you might want to plan a little for it. And while most of us think that assets like superannuation would just go to our partner, this might not be the case if you don’t have it appropriately documented. This is particularly important if you hold an SMSF as the rules that apply here can really override common sense.

2 Jun 2015 Read More
Planning

Preparing for Loss of Capacity

As we go about our day to day lives we never think about what could happen to us, whether it’s becoming permanently or temporarily disabled, becoming quite ill or even getting into an accident. For members of a self-managed super fund (SMSF) this could become an issue. What as members and trustees of your fund can you do to prepare and handle these situations?

2 Jun 2015 Read More
Saving

Gen X & Y Retirement – yes in the same sentence!

If you are a Gen X or Y retirement is an average of 33.6 years away, for some it will be up to 50 if the retirement age is increased. Not only is the age at which we retire creeping up but the time in retirement and money required to fund it growing too. Forced super contributions have not been increased in line with this growth and as a result there is now a broadening gap between what one has saved for retirement and their actual needs.

2 Jun 2015 Read More
Planning

Don’t put off succession planning for your business until it is too late

Do you have a small business with a partner or a family owned business and it's a business that will continue after you have decided to exit or retire?
Do you have a succession plan in your business?  

 

2 Jun 2015 Read More
Planning

I am too busy to look at that, can you fix it?

You have finished Uni, 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?”
 

2 Jun 2015 Read More
Planning

What does your Executor Have to do?

So you are going to draft your will, or seek a specialist who will do this for you, terrific, you have just reduced the number of Australians who do not have a will.

2 Jun 2015 Read More
Planning

Gift Planning Strategies

Most will provisions are a simple division of your assets between family members, the division being a percentage of the value of the residual estate rather than specific monetary amounts

2 Jun 2015 Read More
Planning

Don’t let the tax tail wag the investment dog

Most of us want to pay less tax, and achieving tax efficiency is a critical wealth creation tool– the less tax you pay, the more money you have to either meet your needs today or to reinvest for the future

26 May 2015 Read More
Borrowing

Pay down debt while rates are low - now is a good time to reduce debt rather than acquire more

Predicting the direction and timing of interest rate movements is a bit of a national pastime and while this can be an obsession for some, interest rates are well worth thinking about. 

With the Australian economy continuing to cool, some economists are predicting further rate cuts, but with the RBA cash rate are current levels, there is not much further left to cut.

13 May 2015 Read More