Wealthy heirs often switch advisers after inheriting money
The kids are about to inherit a lot of money, and when they do they plan to shake things up.
The kids are about to inherit a lot of money, and when they do they plan to shake things up.
A key court decision has found that the Australian Taxation Office incorrectly penalised many investors for breaking anti-avoidance laws – and now the tide may have turned.
Don’t look now, but Australia’s youngest generations of investors are saving as well as spending.
Financial advisers have received fresh guidance from the tax office regarding family trusts — it’s time to review your arrangements.
Parents worried about giving money to their children to buy a home, then losing it to their ex, have more options than they may think.
Cashed-up Australian parents are taking legal precautions to ensure their child’s inheritance does not end up with a potentially undesirable spouse, such as establishing their child’s prenup.
Letting one person handle money affairs in a household is a recipe for trouble – and the price could be very high if things go wrong. Here’s how to avoid it.
Handing over an inheritance while you’re still alive can be a powerful feel-good move, but also brings potential problems that experts say parents should understand.
Original URL: https://www.theaustralian.com.au/topics/family-finance