As older Australians make up a larger portion of our population, affordable and reliable care options for our seniors become paramount to more families. Naturally, when investigating options for an elderly person, finding the right level of care is crucial, as is anticipating future care requirements and planning ahead. Given a choice, most people would […]
Archive for the ‘Estate Planning’ Category
Aged care – how will it affect your family?
By admin • May 30th, 2017An alternative way to pay
By admin • January 31st, 2017There are many alternatives to taking out a funeral insurance policy to pay for your last big expense in this world. One such alternative is a funeral bond. These bonds are available from friendly societies, life insurance companies and some funeral directors. A funeral bond is like a managed fund except it can only be […]
Investment bonds can offer a low cost, flexible, estate planning solution
By admin • November 29th, 2016Since 2005, when the baby boomers started to age and retire en-masse, Australia has entered the beginning of a new era of intergenerational wealth transfer. It has been reported that in the lead up to 2025 approximately $600 billion will be passed down as ageing baby boomers grow old and eventually leave their assets to […]
How to avoid big estate planning blunders
By admin • November 16th, 2016Here is a quick guide to avoiding five of the biggest estate planning potential blunders. 1. Where there’s a will (may not be enough) Using a do-it-yourself ‘will kit’ may seem like a simple and cost-effective way to implement estate planning. Often people think they have a clear idea of what they want to achieve […]
Living Wills and their role in Estate Planning
By admin • September 23rd, 2016Living wills are an integral part of estate planning. There can be few situations as distressing as the need to make hard decisions about the end of life of a loved one. When life–of any reasonable quality–can no longer be preserved, at what point should measures to prolong that life cease? These questions become particularly […]