1 in 2 men and 1 in 3 women will be diagnosed with cancer by the age of 85 and, on average, every 10 minutes someone in Australia suffers a stroke. They’re staggering statistics. If you were among them, could you afford to cover the cost of your medical expenses and your other ongoing financial commitments?
SMSFs: popularity versus suitability
SMSFs account for more than a third of Australia's invested super funds, but your decision making should be based on more than popularity. Taking on an SMSF means taking on the dual roles of fund member and Trustee. There are many more considerations you'll need to be aware of BEFORE making the switch.
Will your wealth outlive you?
Protecting the fate of your finances goes well beyond your Will. Whilst your Will covers personal assets, it does not include your superannuation, life insurance and assets held in Trusts or Companies. Failure to plan for the fate of these finances could see those you love facing unnecessary costs, complications and confusions. Here, we reveal 5 key considerations for planning your Estate.