When the Will Doesn’t Do What You Think It Does
Many people assume their will controls all assets, but that is rarely true. Super, jointly owned property, insurance, and trusts pass outside the will. These assets follow their own rules and nominations. Estate planning works best when all documents align.
EOFY Without the Last‑Minute Scramble
EOFY planning often focuses on super, but other decisions matter just as much. Capital gains, losses, deductions, and timing choices can reduce tax. Many of these actions remain possible weeks before 30 June. Planning early avoids rushed decisions and missed opportunities.
Investment Bonds: The Quietly Useful Structure Most People Don’t Know
Investment bonds offer tax‑paid growth outside super. Earnings are taxed internally at 30 per cent and can become tax‑free after ten years. They suit high‑income earners, education savings, and those capped on super. They work best as part of a broader strategy.
Q & A
- Does it matter how we own our home together?
Yes, joint tenancy bypasses the will while tenants in common does not.
- How do prepaid expenses bring forward tax deductions?
Paying eligible costs before 30 June can shift deductions into this year.
- What are investment bonds used for?
They offer tax‑paid growth for long‑term saving outside super.
