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Changing a will after death

Changing a will after death?

August 2, 2018

A deed of family arrangement can make it possible! There are times when the terms of a deceased’s will are not suitable and the beneficiaries involved seek to have the will varied. There are various situations where this may be the case, such as changing circumstances over a long period of time from when the…

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Child death benefit recipients and the transfer balance cap

Child death benefit recipients and the transfer balance cap

August 2, 2017

The death of a parent is hard on all those involved, however once the grieving has eased, a time comes to address financial matters. One of these issues can be what happens to any superannuation they have left. Making things harder is the fact that the new transfer balance cap (TBC) brought in as of…

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Deceased estates: A brief guide to tying up the loose ends

Deceased estates: A brief guide to tying up the loose ends

February 3, 2017

After a person dies, and the usual arrangements are completed, there will come a time when other matters, such as tax and superannuation issues, must be looked after. The person who takes on the responsibility for administering a deceased estate is commonly referred to as the executor, but could also be known as an administrator…

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Beware: Aged-care accommodation to get more expensive after July 1, 2014

May 6, 2014

If you are planning to enter aged-care accommodation, it should be done sooner rather than later. Aged care is likely to get a lot more expensive from July 1, 2014 when means testing for the government accommodation supplement will be based on income and assets of the recipient as opposed to just income-testing alone. The…

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Why you need to think about estate planning

December 11, 2012

They say there are two things that are certain in life – taxes and death. Daunting as the latter may be, it is vital to devise an estate plan. All it takes is good advice, advanced planning and some serious thought. A complete estate plan will allow you to protect your hard-earned assets, determine who…

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