Testamentary trusts can be the answer for parents who want to leave an inheritance that will be protected from divorce, gambling or addiction.
Anna and Graham’s son has been left with a pittance in super after fees and insurance are deducted, and Paul Clitheroe is not happy.
Whether you decide to give your children pocket money or not, your decision must be compatible with your family’s values, attitudes and beliefs.
A growing number of grandparents are up for the costs of being a parent all over again, with childcare, school fees, and technology, at a time they can least afford it.
With all the talk about Australia’s growing housing affordability crisis, how much do our kids know about property prices? I visited Canterbury South Public School recently to find out!
Kids should be included in conversations about money as a part of everyday life, and sometimes that means hearing “we can’t afford it”.
Jason has bought shares for his two daughters, but what are the tax implications? Paul Clitheroe explains what he needs to know when it comes to franking credits and dividends.
When does a parent’s generosity stop? When does that generosity become detrimental to our own finances? It’s very hard to draw a line in the sand. It is also a question I get from a lot of my retired clients.