Prior to our involvement with his affairs and following his unexpected death, our client had inadvertently created a devastating financial legacy that would take years to sort out and cost his estate hundreds of thousands of dollars to resolve. The situation had arisen in part because he received poor advice concerning a very large contribution…
Our recent article, Got your super contributions organised?, outlines changes to concessional and non-concessional super contribution caps. Here we cover how to avoid penalties for exceeding the new super caps and how to make effective use of the funds that you will no longer be able to contribute to super.
Most of us take for granted our ability to make daily decisions in a range of important areas: finances, property, health care, nutrition, shelter, clothing, hygiene and safety. The reality is, however, that as you grow older and experience mental decline or perhaps as a result of injury or illness, you may lose that capacity.