estate planning

2021 is here and many of us have made new year's resolutions to improve our money skills Whether you want to dig your way out of debt, learn to invest, develop a better understanding of the economy, or start planning what happens when you die, there's ... More

I own my house, which is worth $850,000, with no mortgage. I would like to buy an apartment around $450,000 and give each of my two children $150,000 for a deposit on a house. My son would like to use that deposit to purchase my house. How do I go about ... More

If you're financially secure enough to cover your own financial needs, you might be thinking about transferring wealth to your children or grandchildren. Firstly, you need to understand your reasons for transferring wealth, and the problems that ... More

Births, deaths and marriages are the typical occasions when people think about making a will but they shouldn't be the only times. Legacy Law director Donal Griffin says while buying property is also a common trigger, people should create a will whenever ... More

There is no right or wrong time or age for someone to organise their will. However, life is unpredictable - and if the unexpected occurs, your loved ones may not be taken care of like you had hoped. For this reason, having a will provides peace of mind ... More

The number of people preparing a will has jumped dramatically as the coronavirus pandemic shocks Aussies out of their ambivalence about estate planning. "300% more Australians wrote wills in March than in the previous months," says Adam Lubofsky, CEO ... More

If all you know about super is that a chunk of your salary disappears each month leaving nothing but a line on a payslip, it's time for a crash course. Here are the superannuation terms you don't really understand and have been too embarrassed ... More

Christmas is the season of goodwill and making that extra effort to bring the families together. It's also a good time, while everyone is in the same room, to have those difficult discussions about estate planning or aged care. You don't need ... More

There is nothing like a headline about wills to get me frothing. And a headline late last year from research done by comparison site Finder certainly did that: "10 million Australians don't have a will" is pretty dramatic. This, by the way, does not ... More

Commissioner Kenneth Hayne's verdict on Australia's insurance industry is in and the game is up. From grossly inappropriate cold-calling and pressure-selling of life insurance to junk insurance sold to people who could never claim on it, the banking ... More