“Could you please pass the turkey, and let’s talk about Wills.” Estate planning may not be an obvious subject to discuss over the Christmas table, but the holiday season is an ideal opportunity to have these important conversations.
Dealing with Wills and Estate Planning can seem a little overwhelming at times, but even more so when trying to understand a bunch of legal terms. Here’s our guide to help you make sense of the most common terms.
Let’s face it no one likes to speak about death or dying, but this is exactly what you need to do when it comes to estate planning. While it can be uncomfortable and difficult to speak about what will happen when someone dies, it’s also incredibly important to do so.
Retirement these days looks very different to the generations before us. It’s not as clear-cut as working one day and fully retiring the next. With the Age Pension eligibility age currently increasing from 65 to 67 by 2023, many people are choosing to transition to retirement with a reduction in work hours. Just as many
It seems these days more than ever, parents are helping out their adult children financially. It’s fairly common place for parents to want to help out their children, whether they’re lending money to to support a business venture, repay debts or help buy property. Ideally the money is paid back over time and
Something that we all have in common is that we can’t control time. When we arrive at retirement age although it’s a time for us to relax and enjoy our twilight years, it can be a stressful time for a lot of people who haven’t planned ahead.
A Green Paper from the Actuaries Institute, Unlocking Housing Wealth, released last month claims that the family home is a store of considerable, though relatively untapped, wealth for current retirees. The paper addresses the dilemma of current asset-rich, cash-poor retirees whose wealth is tied up in the family home.
Retirement’s great. Well at least it looks pretty good from the outside. I hope to do it myself one day. You’ve probably spent most of your life shouldering work and family responsibilities. You start counting down the days until you can kick back and focus on you and just enjoying yourself.
It’s everyone’s worst nightmare. The thought of your family fighting over your assets…but what can you do to avoid it?
Your aged care is one of the most important decisions you’ll ever make, but all too often we put off making any decisions until it’s too late.