Family trusts are increasingly being used for retirement planning purposes since the Government introduced more measures to limit the ability to make both concessional and non-concessional contributions to superannuation funds.
A BDBN is one which is subject to special conditions which can make it useful to deal with various modern estate planning issues.
P&I loans – Omniwealth Mortgage is seeing better prospects for Sydney home buyers looking to purchase a home with Principal and Interest repayments.
In many cases, by using a reverse mortgage loan, the much-loved family home does not have to be sold to fund aged care entry costs.
From 1 July 2018, the Federal Government is allowing ‘Downsizer contributions’ of up to $300,000 per individual who sells their family home after age 65.
A PAF is an efficient, satisfying and tax effective way to put a structure around philanthropy. It allows a donor to set aside capital to generate investment income for charitable purposes in perpetuity.
If the SMSF is short on cash to roll over a member’s benefits it is possible for a member to transfer a property ‘in specie’ to another SMSF.
More people are living longer than ever before – and by 2060, a quarter of all Australians will be aged over 65. Our Aged Care system needs to keep changing to accommodate the growing demands of an ageing population.
Alleron’s Australian Eagle Trust Long-Short Fund returned +5.35% net of fees for October 2017.
We recently had to consider a scenario where a Financial Manager considered establishing an SMSF on behalf of a severely disabled client and act as the sole director of the corporate trustee.