Blog

ARE YOU PREPARED ? INSURANCE ? Last week my brother-in-law had to undergo surgery. It was a planned surgery and considered quite routine by the surgeon. He should have been in and out in just a few days, home and rested and then returning to work. What we didn’t know when he went in forRead more

  How will I EVER afford to retire ? Don’t worry, we all think it. I’m in the financial planning industry, assisting people every day with superannuation and insurance, yet I still look at my own super balance and think “that will never be enough. I’ll be working until I’m 90 years old”. For theRead more

[kkstarratings] Some people think that their ‘Will’ will cover everything. Many people may be surprised to learn that estate planning covers more than ‘Wills’. Although people may not wish to discuss their plans about their death (they may find it difficult to talk about), it is necessary to make all the relevant arrangements prior toRead more

 Personal Property Securities Register  (PPSR) In other words ‘Goods/assets debt register’ Did you know that in 2012 a new law established a national online register, which replaced a range of Commonwealth, state and territory registers – such as vehicle security registers like REVS and the ASIC Register of Company Charges. This register can protect youRead more

DIVORCE Well, it’s happens to lots of marriages these days. Half in fact. Staggering numbers but it is reality. Through the divorce process you may have forgotten about your superannuation and insurance beneficiaries. Or you made a knee-jerk change to your beneficiaries. “If I go, he’s not getting my money!” You certainly wouldn’t be aloneRead more

Industry super versus  financial adviser. Oooooh we just said a swear word – “financial adviser”.  There is a stigma that surrounds the financial planning industry, stemming from the industry super funds and a very successful marketing campaign that has run on TV. People will tell you that they don’t want or need a financial adviser.Read more

BENEFICIARY NOMINATIONS To quote an oldie but a goodie. Ms Lane, a 5th grade math teacher asked her pupils. An SMSF member dies leaving a large superannuation balance of ten million dollars, he has a spouse and 5 children from a previous marriage. He has given the trustee of his SMSF a binding nomination –Read more

 – FAMILY HOME – Capital Gains Tax (CGT) –  TAMPERING WITH THE SACRED COW “Moo!” Or more like “Mooving house might be about to become more expensive” That’s the sentiment surrounding the recent announcement by independent think-tank the Australia Institute, which recommends scrapping the capital gains tax exemption on the family home. Home ownership isRead more

Accountants are always advising their clients to contact them prior to making any decisions. Once people hear this, they think ‘how much will it cost?’. They don’t think “how much will l save in the long run?”. So instead of calling us to get advice first, they make the decision on their own. Then laterRead more

  My parents-in-law have recently moved into a granny flat on our acreage. We are lucky to have enough space to offer them this opportunity, and from my perspective I’m lucky I get along with them very well. The driving factor for this move isn’t simply to have our family nearby. It’s one of necessity,Read more