Estate Planning

It may seem like a welcome windfall, but receiving a poorly planned inheritance can cause a serious headache. In one instance, a woman was granted a home as part of her inheritance. While that sounds like an incredible gain, it actually came with a major hurdle. “She inherited a property that their mum still lived…

After five years of growth between 2012 and 2017, the median property price across state capitals dropped about 5 per cent in the 12 months to the start of November, says CoreLogic, led by annual falls of 8 per cent in Sydney and 6 per cent in Melbourne. Property prices had overreached at the top of the…

For Australians, talking about the housing market is somewhat akin to a national sport. The various twists and turns in housing prices get significant attention in the media, the pub and at weekend barbecues across the country. Of course, much of this is justified. For most Australians, their house is their single biggest purchase and…

Paying off your home loan faster is a common goal that many readers share with me as part of the Kick Start your Wealth Challenge. As someone who is looking to retire early, owning a place mortgage free is high up there on our families list of goals. I know there is a school of thought that…

Should you Buy or Rent? It’s the age-old question. Should you buy or rent? Now, I’m an Aussie and our housing situation is very different from say the US or Europe. But many of these realities are true the world over. So, should you buy or rent? Let me lay down my cards on the…

Making a will can often seem like a complex and daunting task. However, with the support of an experienced estate lawyer to guide you through this process, you can be assured that your family will be protected in the event of your passing and that your will reflects your final intentions for the distribution of your…

Independent Financial Planner magazine reports that the Estate Planning process is essential for the transition of wealth to the next generation. It is not a “sexy” part of the financial planning process but it is essential. The advent of split families make it an even more problematic area and as the population “ages”, or more…

The legal profession love DIY Wills and power of attorney kits because they are the gift that just keep giving, in legal fees that is. At Shartru Wealth Management we know this to be fact, because we have had to walk with our clients through the minefield that is, poorly considered and constructed estate planning. Its expensive…