Living Estate Planning Archive
Living Estate Planning
The ATO is scrutinising delays in paying super after death, with complaints rising. Ensure your super reaches the right hands with the correct nomination.
Living Estate PlanningProperty
Managing inherited property can come with complex tax implications. Learn how to navigate tax consequences when transferring assets, from cash to shares and property.
Living Estate Planning
Let’s face it: no-one likes to think of death, especially their own. It’s not exactly a great conversation starter, is it? This might explain why so many people end up “dying Intestate” which means they die without a will and, as a consequence, have their assets distributed according to State law.
Living Estate PlanningUncategorized
In some cases, a deceased estate or beneficiary can access full exemption on sale of an inherited dwelling if it is sold within 2 years.
Living Estate Planning
It probably wouldn’t come as a surprise if a child of an elderly parent saw an opportunity to undermine the parental will via the building of a granny flat.
Living Estate Planning
It’s no surprise that little or no thought is given to the business failing and if it is considered then it is generally about the business not succeeding.
Living Estate Planning
Life does not always go to plan. While we logically know that, most of us don’t plan for the worst - it’s all a bit morbid and time consuming.
Living Estate Planning
Relying on a superannuation payout to help pay for a funeral should be considered the proverbial last resort.
Living Estate Planning
You normally can’t use your super until you reach your preservation age but there may be a way to have your super released early if you meet an eligibility requirement.
Living Estate Planning
The price of a funeral will largely depend on what you decide to include in the ceremony. The devil is in the detail. It's like the idea of: “Do you want fries with your order?”
Living Estate Planning
Your own funeral can be hard to think about, but after a lifetime of working hard for your money and having it work hard for you, now is not the time to drop the ball when some intelligent research and thoughtful planning could ensure value for money with that final big spend.
Living Estate Planning
Granted - it’s not all about the money. But for many people, cutting costs on a funeral is important for their own lifestyle and welfare.