Did
you know some superannuation funds actually charge you an extra fee to
cover their potential future fines if they ever were to fail at managing
your money? Is that something you want to be paying with your hard
earned money?
In this week's MONEY AND INVESTING show Andrew
Baxter walks us through the different options available when it comes to
managing your super funds, and what some things to consider for the
different options might be.
Introduction Estate planning and wealth preservation are vital components of financial management that extend far beyond the realm of the affluent. Regardless of one’s economic status, creating a comprehensive plan ensures the orderly distribution of assets and minimizes potential disputes among heirs. This article delves into the significance of estate planning and wealth preservation, exploring key strategies to safeguard and transfer wealth effectively. Understanding Estate Planning Estate planning is the process of organizing and managing one’s assets during their lifetime and determining their distribution after death. It involves a thorough examination of financial holdings, including real estate, investments, business interests, and personal belongings. The primary goals of estate planning are to minimize taxes, ensure a smooth transfer of assets, and provide for loved ones in accordance with the individual’s wishes. One essential component of estate ...
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