There is more to estate planning than just writing a will.
Have you thought about who will make decisions for you if you become unable to do so for yourself? Or the tax implications for a beneficiary who receives a large lump sum? Or even, who will pay for your funeral? We can assist you with the financial planning associated with your estate.
Whether we like it or not we are all growing older. As such, the question of Aged Care is one you, a parent or a loved one is likely to face. The decisions can seem overwhelming and are likely to be made at an extremely stressful and emotional time. For example, do you sell, or keep the family home is just one question that needs to be addressed.
Weighing up all of your options to ensure you receive access to the required care. The rules and regulations are constantly changing and it can seem like an impossible task.
As an Aged Care Specialist Advisor® we are able to help you understand your options. We will provide advice to help you make the right decisions for you and your family.
Understanding the Tax Implications of our advice:
None of us want to pay the “Tax Man” one more cent than we have to.
You may receive a major bonus or redundancy and want advice on how to minimise the impact of tax. You may want to sacrifice salary to superannuation. The strategies we recommend will be aimed at helping you achieve your future objectives. We will explain the tax implications. However, please note we are not a registered tax adviser*.
*For specific tax advice, you should refer to your Accountant or Tax Adviser.
*General advice warning – This information is general information only. You should consider the appropriateness of this information with regards to your objectives, financial situation and needs.