Stay a Step Ahead
Last month we shone a light on the most common mistakes people make when setting up a SMSF and this month we have outlined the biggest positives.
SMSF’s can be the best solution to meet your retirement goals and if you have ever considered whether one is appropriate for you and your family or for your business, then please feel free to contact us.
Also, did you know that your adult kids might have to pay a lot of tax if you leave them your superannuation & insurance proceeds?
Our second article today explores this and provides some clarity around who constitutes a financial dependent so there should be no tax consequences.
Finally we would like to congratulate our Managing Director, James McFall for reaching a state finalist shortlist for the Association of Financial Advisers (AFA) Excellence in Education Award.
The AFA awards are amongst the most prestigious in financial planning and it is an excellent achievement to be acknowledged in this way.
From all of us at Yield, we hope you enjoy this month’s newsletter.