The federal government is yet to clarify the tax implications for leaving shares in your will, prompting a lot of confusion.
Even being eligible for a very small pension can come with significant savings. But don’t be too eager to give away your super.
And if we do, will it affect our age pension and our eligibility for the Commonwealth Seniors Health Card?
Will our super death benefits automatically form part of our respective estates and be distributed under our wills?
The message is simple: don’t panic and don’t pay for a valuation now.
Shop around rather than assuming you must stay with your bank. For overseas travel, cards such as Wise are also worth investigating.
It’s important to get advice before entering into an irrevocable real estate transaction.
But we are self-funded retirees and don’t want to gift him money or compromise our retirement capital.
The daily fee adds up to more than $2000 a year. Is her aged care provider entitled to charge this fee for a television?
Money invested in a good super fund should outperform a 20-year-old investment property, particularly once you consider the costs that come with property.