This was scenario was suggested to me by a financial person, and I just want to confirm that this is acceptable?...
Important information... ANYONE who worked in the UK for three or more years in the past decades has a limited opportunity to review past UK...
Hello all, I am a first-time home buyer and my retired mother is the sole title holder of our family home, which has a market value of $700k and...
If a member of a SMSF has two account based pensions, prior to 30th June can you just pay the minimum pensions combined as one payment or do you...
I'm needing a recommendation for a financial advisor. My FIL is now living in Australia. He has a decent sum of cash and still 1 IP in NZ. We're...
Hi Team my father owns outright a 4 x 2 x 2 house in Launceston on a decent block. It’s gone up 10-15% in the last 12 months. He currently rents...
Hi all, I have a query in regards to parents being able to obtain the part pension. Say for example they currently are above the asset threshold...
I’m trying to help my mum before retirement. She earns about $48-50k and makes voluntary contributions of about 2.5k per annum. She plans to...
I posted a lengthy thread earlier that did not get replies - probably due to the length and complexity. A few brief questions: I was medically...
Hello, I am medically retired with Total Permanent Disability (TPD) and was paid a Work Injury Damages settlement in 2016. Back then I...
Refusing a gift under a will is possible. Gifts can be rejected, and this includes inheritances. But if you are thinking of doing this to get...
Hello, my partner and I are looking to build duplexes. Parents as guarantors. Keep one sell one. In order to increase our borrowing capacity our...
When making a will the testator should consider the potential effects on the pension of recipients. Mum and Dad might qualify for the pension...
There has been a lot of discussion on another thread about the PPOR being brought into the pension asset test leading to forced reverse mortgages,...
The ‘assets test’ can prevent someone from getting a full or part aged pension. A way around this might be to ‘double dip’ by spending up to...
Hi All. If you have 1.6m in pension mode and this earns 6% (96k) for the year, then taking into account compulsory 4% drawdown (64k), am I...
Hi, first time here as i am new to this whole property purchasing business but have been forced into it now unfortunately, but have some complex...
A close relative is moving to an aged care facility in the next week. Wanted to check my understanding of what is a complex area. This person...
Double Dipping with the Pension Have you ever heard of double dipping with the pension? This is where you spend your assets so that you can get...
Say a couple in one SMSF both have commenced pension phase at the very beginning of this financial year, having 100% of their member balances...
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