estate planning Archives - Jennings Financial Services

2024 Australia Retirement Planning Guide

An article by Nicole Comendador outlines essential superannuation updates, tax implications, and investment strategies, emphasizing the importance of proactive financial planning for a secure retirement. A Comprehensive Guide to Retirement Planning in Australia for 2024 By Nicole Comendador Retirement planning is a crucial aspect of financial well-being, especially in a country like Australia, where the landscape of superannuation and retirement benefits is continually evolving. As we approach 2024, Australians need to stay informed about the latest changes in laws and adopt effective financial strategies to ensure a comfortable retirement. This guide provides an overview of the essential components of retirement planning in Australia, highlighting recent legal changes and offering strategies for the upcoming year. Understanding superannuation changes Superannuation remains the cornerstone of retirement planning in Australia. Recent changes to superannuation laws aim to enhance the retirement savings of Australians by making the system more efficient and beneficial for individuals. Key changes for 2024: - Contribution caps: Keep an eye [...]

Fundamentals to estate planning

An article from Property Update provides clients with several key insights to help them understand and manage their estate planning effectively. Fundamentals to Estate Planning By Ken Raiss March 23, 2023 Planning your estate is an important matter. Estate planning involves arranging your assets and circumstances in such a way as to ensure that your beneficiaries after your death receive from your assets, maximum use and enjoyment at a minimum cost in taxes and heartache. In other words, estate planning should be an efficient and effective intergenerational wealth transfer solution that provides for your required lifestyle and enjoyment ambitions while you are alive. Before delving deeper into this topic with your legal advisor, it is important to understand the basic fundamentals. Note: The main issue to understand is that you will only look at your estate assets which will be managed through your will, and not your non-estate assets which are outside of your will. It is also important to understand [...]