Innovative Strategies

Various Scenarios

• 

  How can we ever get ahead?

  Matthew and Kerry are married with two children. They own their own home with a mortgage of $100,000. Matthew earns $60,000 p.a. as a teacher and Kerry works part-time earning $22,000 p.a. They have been paying off their mortgage now for 10 years, and consider their property to be an excellent investment as it...
  Read more »

• Income Protection Insurance

  Geoff and Janine are married with three children. They own their own home with a mortgage of $230,000. Geoff earns $70,000 p.a. as a builder and Janine works as a sales assistant earning $35,000 p.a. Their children go to private schools and all of Janine's income is allocated to covering school expenses. Unfortunately Geoff...
  Read more »

• Double Dipping

  Jenny and Bruce have just received an inheritance of $80,000 in shares and $120,000 in cash from Jenny's father's deceased estate. They have two children and own their own home with a mortgage of $150,000. Jenny earns $80,000p.a. as a pharmacist and Bruce works as a vet earning $75,000p.a. Jenny does not have any...
  Read more »

• Protect the transfer of your assets from predators

  (This is a common issue raised in Estate Planning discussions and relates to the flow of an inheritance to bloodline beneficiaries where beneficiaries have been divorced.)   John & Jill's son Greg has remarried, he has no children with his new wife and Greg's two young children primarily reside with his former wife. Some...
  Read more »

• Life Insurance - The cold, hard facts...

  Andrew, a state sales manager, lived with his wife, Jenny, and children Daniel and Isabella, in a leafy Adelaide suburb. Andrew's family was devastated when he suffered a massive heart attack and died suddenly late one Sunday evening. Like so many Adelaide couples, Andrew and Jenny's finances were highly geared, including a substantial mortgage....
  Read more »

• Trauma causes tremors...

  (The statistics for cancer, heart attack, stroke and many other serious medical conditions are increasing in Australia. Trauma Insurance can ease the stress of suffering many serious health conditions) As a self-employed architect, Mike viewed tight deadlines and long hours as just another part of his job. By age 40, he had worked hard...
  Read more »

• An all too common scenario...

  Mary is 42 and owns her own hairdressing salon. Her husband is a branch manager for a tyre company. They have a 5-year-old daughter who starts primary school next year. Like many people, they have a mortgage and business overheads to cover, as well as expenses and bills. Mary finds a lump in her...
  Read more »
• 

  What is your most important asset?

    (The income you are able to produce provides support for your family's lifestyle and provides funds to make your future dreams come true. What would happen if tomorrow you had an illness or accident that meant you could no longer remain employed and earn the income you need?) Rod is a prominent barrister....
  Read more »