Estate Planning

It’s a bold statement, but it’s true. For some of you who are reading along right now, 2020 is absolutely the worst possible time you could consider buying a property. In fact for these people, moving forward with a real estate purchase this year would have the potential to cripple them financially, not just now…

When it comes to estate planning, approximately 45% of Australians* pass away intestate. When this occurs, the estate is distributed in accordance with the intestacy rules of our relevant state or territory. Passing away intestate may happen not only where we fail to make a will, but also when: 1. The will did not properly dispose…

Covid-19 has wreaked havoc on property markets across the world, and Australia has been no exception – but it looks like there’s one hotspot that seems near-impervious to the pandemic’s impacts. According to property expert and hotspotting.com.au managing director Terry Ryder, one capital city has withstood the worst of the crisis. “Melbourne markets have held…

When it comes to purchasing a residential investment property, it’s often a very different approach than the one taken with a main residence. For example, whilst there may be some emotional and personal value attached to a residential investment property, largely, they are an asset purchased to help achieve an investment objective, and their acquisition is…

Whatever your age or stage of life, having an estate plan in place is a must. This is a way to ensure that your wishes are carried out and that your assets are distributed in the way that you want upon your death.  It also reduces uncertainty for your dependants and other family members. Planning…

You’ve lost income because of the coronavirus crisis and finding it hard to pay the bills. What if you can’t pay your rent? The short answer, if you live in Australia, is that rules changes give you more time – at least six months – before you face eviction. But that’s all. Nothing else has…

As prices rose to astronomical levels in Sydney and Melbourne in the past decade, purchasing real estate out of your home city and state has become more common. Your Property Your Wealth director and buyers’ agent Daniel Walsh calls this “borderless buying”. “According to the Property Investment Professionals of Australia, about 45 per cent of…

If you live on a large block, it can be very tempting to subdivide the block, sell off the surplus land and continue to reside on the part of the block that contains your house. Given escalating house prices in our big cities, those on the suburban fringes – who often live on bigger blocks,…

With the Reserve Bank of Australia slashing interest rates, but lenders failing to pass on the full cut, the age-old question remains: should I fix my home loan rate, or take the risk with a variable rate? There are pros and cons with both options, but if you’re leaning towards fixing your mortgage, money expert…