Barbara is leaving an inheritance to her over-spending family. She asks Paul Clitheroe how she can structure her estate to avoid this gift being wasted.
estate planning
Showing 91 to 100 of 101 results tagged estate planning:
If you want to keep funeral costs down, at last there is an option that won't break the bank.
Many Aussies are dying with large super balances because they are spending frugally in retirement so they can pass on as much as possible to their children.
If you're planning ahead, one of the expenses you may be thinking about is your funeral. One option to consider is a funeral bond, sometimes called a funeral investment.
It's important to nominate a beneficiary for your super so the trustee of your superannuation fund knows where to pay your super death benefit when you die.
I've heard so many people rack up debt and say, "It doesn't matter, when I die it goes away!" Not true. Here's what happens to your debt when you die.
Often people rely on paying for a funeral out of a life insurance policy but this can take months to process. So is funeral insurance worth it?
Life insurance may be fairly straightforward in that a lump sum will be paid to the beneficiaries when you die, but you should also consider income protection, TPD and trauma insurance.
To date, social media hasn't been a big issue in estate planning as the older generation is not as attuned to it. But that is changing.
Many people don't want their families to worry about financing funeral costs, so they might consider funeral insurance.
