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By this term, we at Continuum Financial Planners refer to those assets that a family accumulates over time and pass from one generation to another. By medium of well-structured Estate Planning, such assets may pass directly to future generations, or be held in testamentary trusts for their benefit. Those assets that already exist in family...
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What is the Centrelink compensation preclusion period?
If you have received, or are about to receive a lump sum payment of compensation, there will be a period during which you will not be able to receive an income support payment from Centrelink or the Department of Veterans Affairs (DVA). This period is called the ‘preclusion...
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What are Family Tax Benefits (FTB)?
Family Tax Benefits help families with the cost of raising children by offering ongoing financial assistance. Specific requirements have to be met for a family to qualify for the benefit. The benefits can be claimed fortnightly through Centrelink, as part of your yearly tax return or as an adjustment of PAYG...
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Interest is increasing in what the Reserve Bank will do when next they meet in February 2010 – and the odds being given by ‘the usual crowd’ of economists suggest that there will be a 0.25% (25 bps – ‘basis points’) rise in the official interest rate on that first Tuesday.
Will the Banks have the temerity to...
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Markets are rising around the world on the various stock exchanges in response to the ever-so-slow increase in economic activity – and share prices are generally staying ahead of any foreign currency exchange headwinds to generate continuing improvement in share portfolio values.
As Continuum Financial Planners has shared in other...
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