Welcome to the Autumn edition of Now & Next… our quarterly Financial Planning newsletter In this edition… Three things you should know before investing in multi-generational living Granny flats and multi-generational housing have garnered a lot of media attention lately as possible remedies for rising housing costs. Yet there are three important things you should know before you dive in. What do rising geopolitical tensions mean for investment markets? As… Read more
Are you considering upgrading your vehicle? Have you explored the benefits of electric vehicles (EVs)? The Government’s push for consumers to choose electric vehicles represents a shift towards more affordable and sustainable transportation options, with the added benefit of tax incentives. Choosing an electric vehicle now offers greater tax advantages than purchasing a fossil fuel vehicle of the same price. However, in addition to the financial and sustainable benefits, there… Read more
One of the considerations of financial planning is determining how you can minimise estate tax, reduce legislative risk and maximise the legacy you leave for your loved ones. In this real life client scenario we explain how we achieved this for our clients whilst giving consideration to their goals. As part of our comprehensive statement of advice, O’Brien Financial Advisors diligently analysed and evaluated Ron & Carol’s* financial situation and… Read more
Insuring your car, home or other possessions makes sense. So why do so few of us insure ourselves? If illness or injury stopped you from working for an extended period, could you keep paying your bills? Personal risk insurance gives you peace of mind that if the unexpected occurs, you and your family will be provided for. Snapshot Did you know that 95% of Australian families do not have adequate… Read more
Estate planning involves much more than having an up-to-date Will. It is important to ensure that your assets are distributed in the most effective manner and without adverse tax consequences for your beneficiaries. What is estate planning? Estate planning involves considering what will happen to your assets upon the death of you or your partner or if you become mentally incapacitated and unable to manage your own affairs. You may… Read more
Personal budgeting – it’s such an easy thing to put off. The “I’ll get to it one day” kind of task that is easily overlooked. While it’s true that there’s always next week, next month or next year, when it comes to your financial goals, putting it off has real consequences that equal less money and more work. So here are 7 personal budgeting steps you should take to start… Read more