In this month’s newsletter, we begin by discussing the gifting and deprivation rules that can apply to Age Pension entitlements. Our animation illustrates the finer details of the personal finance phrase, ‘your financial situation, goals and objectives’. Getting ahead financially can involve an analysis of your financial situation, and consideration towards whether any adjustments need to be made; we look at household financial waste. Roughly one-third of your adult life can be spent at work; we explore burnout, work/life balance, and the importance of practising self-care. Lastly, we leave you with an interesting TED Talk by Dr. Lani Nelson Zlupko, in which she provides strategies to overcome personal or work-related problems.
We wish you a happy and safe festive season and look forward to seeing you in 2020.
Age Pension entitlements: Gifting and deprivation rules
When transferring wealth before your passing, it’s vital to consider the potential financial impact to you. In this article, we discuss the Age Pension, and the gifting and deprivation rules.