Family Trusts and Relationship Breakdowns
Family trusts offer significant benefits for wealth management, but relationship breakdowns can complicate asset protection. Australian courts scrutinise family trusts during property settlements, often treating trust assets as marital property if one spouse controls the trust. Effective asset protection strategies include careful trust deed drafting, independent trustees, and binding financial agreements. Regularly reviewing trust structures and seeking professional advice ensures resilience in wealth management.
Shelter, Security, and the Australian Dream
Australia’s housing crisis threatens the stability and aspirations of many, with supply constraints and soaring demand driving unaffordability. Regulatory bottlenecks, construction sector turmoil, and record immigration exacerbate the issue, leaving many struggling to secure stable housing. Innovative solutions like co-housing and community land trusts offer alternative pathways to affordable housing. Financial literacy and professional advice are crucial for navigating these challenges and ensuring secure retirement planning.
The Art and Science of Fund Manager Selection
Selecting the right fund manager is crucial for achieving financial security, especially in retirement planning. Evaluating fund managers involves balancing quantitative analysis, such as performance metrics and risk management, with qualitative factors like investment philosophy and team stability. Trust and alignment of interests between the manager and investor are essential for long-term success. Regularly reviewing and adapting fund manager choices ensures resilience in volatile markets.
Q & A
- My spouse and I are looking at ways to boost our super. How do spouse contributions and the associated tax offset work?
- I’m getting close to retirement and have a defined benefit superannuation fund. How do I know if I’m making the most of it?
- I’ve recently inherited some money. What are the first steps I should take to make smart decisions with it?
