Cedar Wealth - Financial Advisers Perth

Superannuation beneficiaries and death taxes

· Do you have children that are older than 18 and no longer dependent on you?

· Have you made them the beneficiaries of your super fund if something happens to you?

· Did you know that they could potentially be up for 17% tax on the value of your super fund if you died?

· Want to know more about this?

Contact us below:

https://www.cwmm.com.au/general-connect/
https://www.cwmm.com.au/licensing-and-general-advice-warning/

Superannuation beneficiaries and death taxes

· Do you have children that are older than 18 and no longer dependent on you?

· Have you made them the beneficiaries of your super fund if something happens to you?

· Did you know that they could potentially be up for 17% tax on the value of your super fund if you died?

· Want to know more about this?

Contact us below:

https://www.cwmm.com.au/general-connect/

https://www.cwmm.com.au/licensing-and-general-advice-warning/

Never ever underestimate having life, disability, critical illness and income protection insurance in place.

Let us tell you a true story about the value of advice.

Sad story, but a true story!

About twelve years ago we put some critical illness insurance (dread disease in the old South African terminology) in place for one of our clients.

Because of a prior health issue, the client was offered two options.

1. An exclusion on that particular condition or,
2. A 100% premium loading.

The client asked me for my advice.

We said that our advice, cost aside, would be to take the premium loading every day of the week!

A number of years the client later contacted us to say that they had been diagnosed with a serious medical condition.

The outcome? The critical illness was covered under the policy, even though it was a sad medical outcome.

Honestly – We have never been so glad to have someone spend money on insurance.

If you feel the need to discuss your situation, we’d be happy to chat to you.

Contact us below.
https://www.cwmm.com.au/general-connect/

https://www.cwmm.com.au/licensing-and-general-advice-warning/

Have you considered how to maximize your superannuation using the catch up carry forward provisions from the ATO.

Contact us here if this is something you would like to discuss and see if it is appropriate for you.

https://www.cwmm.com.au/contact-us/

https://www.cwmm.com.au/licensing-and-general-advice-warning/