Beware direct insurance reliance

Direct life insurance, taken online from a TV ad, may be convenient - but can you rely on it to provide protection when needed? We look at a range of issues that influence people's decisions in relation to protecting their financial well-being from risks of ill health, accident - and even death; and highlight some of the reasons to beware direct insurance reliance that is not well founded. (As suggested in [...]

By |2021-01-21T15:05:19+10:00September 17, 2014|Risk Insurance Strategies|0 Comments

Intergenerational Wealth Transfer

Intergenerational Wealth Transfer: an Estate Planning issue... Over the next couple of decades an intergenerational wealth transfer involving billions of dollars will pass from the ‘baby boomer’ generation to their descendants. The effectiveness of intergenerational wealth transfer will generally be measured by the tax effectiveness of the strategy resulting in the transfer of that wealth.  Some families will initiate the transfer whilst the holders of the assets are still alive. Strategies they [...]

By |2020-12-10T18:38:46+10:00August 26, 2013|Estate Planning, Wealth Management|0 Comments

Who Gets Your Superannuation Death Benefits

Superannuation Death Benefits One of the most important decisions you make when you join a superannuation fund has nothing at all to do with investment choices. Superannuation is a non-estate asset, meaning that it is not automatically distributed in accordance with terms in your Will. It is therefore important that you consider how and to whom you will leave your superannuation death benefits. Who can receive your superannuation death benefits? [...]

By |2019-08-02T09:37:48+10:00March 14, 2010|Estate Planning|0 Comments

Superannuation Death Benefits

Superannuation death benefits are payments made by the trustee of a superannuation fund following a member’s death. They include all sums held by the trustee as a consequence of the passing of the member: this includes accumulated contributions, investment earnings - and the proceeds of any life insurance policy entitlements. Even amongst the young superannuation members, the death benefit can be relatively substantial where life insurance is involved. Superannuation death [...]

By |2021-07-03T16:50:02+10:00December 13, 2009|Superannuation Strategies, Wealth Management|0 Comments
Go to Top