Disabled children in Wills – free training course for Accountants, Financial Planners & Lawyers

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22/04/2018

Disabled children in Wills – free training course for Accountants, Financial Planners & Lawyers

Protecting a vulnerable child When you build your Wills on our website you are asked for the general Age of Majority. You may have selected 18, 21, 25 or some other age.  For this question, you may wish to set a different Age of Majority for just one particular Residuary Beneficiary. […]
26/02/2018

Appointor insane? Family Trust succession planning

Family Trust succession planning Many assets don’t go into your 3-Generational Testamentary Trust Will at death. These assets do not go into your Will joint tenancy superannuation (well not automatically) cross-owned insurance Family Trust assets (except for loan accounts). My doctoral thesis was on succession planning. And I can tell […]
28/03/2017

Accountant & Adviser’s reviewing client Wills – 8 questions to ask

Reviewing client Wills each year Estate Planning and Wills are primarily the concern of the Accountant and Adviser. You know your client. You see your clients at least once a year. The end of the financial year is a good time to sit down with your clients and review their […]
17/11/2016

Can you abandon a gift in a Will to keep the pension?

Can you abandon a gift in a Will to keep the pension? The Financial Planner carefully structures Mary’s affairs. Mary receives a $1 pension and Concession Card. But then, Mary’s mother dies. Mum’s Will leaves everything to Mary. The inheritance costs Mary her $1 pension and Concession Card. Mary has […]
11/08/2016

Go bankrupt lose Super? Bankrupt widow keeps Super

Go bankrupt lose Super? Go bankrupt and lose your superannuation? But isn’t Superannuation protected from bankruptcy? The 3 common safe havens to protect assets from insolvency are: ‘Clean skin’ Family Trusts (eg, doesn’t employ people) Low-risk spouse (eg. spouse is a school teacher) Superannuation With huge wealth moving into Super the […]